Bitcoin Price Dips 1.5% Amid Fed Rate Cut Concerns, $88K Target Remains in Play
On January 10, Bitcoin experienced significant price swings as strong U.S. job data raised concerns about potential interest rate cuts by the Federal Reserve. Following the release of better-than-expected nonfarm payroll figures, Bitcoin’s price dropped by $1,500, impacting overall Market sentiment. Analysts noted that the stronger labor Market indicated fewer rate cuts in the near ...