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cryptonews
2023-05-04 22:53:00

Bitcoin Consolidates Ahead of Key US Jobs Data, But Falling Yields Could Signal Incoming BTC Price Pump

Bitcoin Consolidates Ahead of Key US Jobs Data, But Falling Yields Could Signal Incoming BTC Price Pump

Bitcoin (BTC) continues to consolidate within familiar ranges close to $29,000 ahead of the release of key US jobs data on Friday. The data, which is expected to show that the pace of hiring and wage growth in the US remains robust, and that the unemployment rate remains close to historic lows, come on the heels of a 25 bps rate hike from the US Federal Reserve earlier this week.... Read More: Bitcoin Consolidates Ahead of Key US Jobs Data, But Falling Yields Could Signal Incoming BTC Price Pump

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