CandleFocus Bitcoin Price Jumps Ahead of Key US Inflation and Jobs Reports
2024-10-28
Author: Content Editor
Bitcoin has once again surpassed the $69,000 mark, reaching a new high before cooling slightly to around $68,925. Traders are closely watching macroeconomic factors, including GDP reports, inflation data, and a new jobs report, which could impact Bitcoin's price trajectory. The upcoming US presidential election, with Vice President Kamala Harris and former President Donald Trump in contention, is also expected to provide a boost to Bitcoin's price. However, some experts believe that Bitcoin's bullish momentum is no longer solely tied to Trump's chances of winning the election.
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