CandleFocus US Job Data Dampens Market Sentiment, Bitcoin To Witness Further Decline?
2024-10-04
Author: Content Editor
The US Job data for September exceeded market expectations, with nonfarm payroll figures reaching 254,000. This has led to a decrease in market sentiment, suggesting a potential decline in the prices of Bitcoin and other cryptocurrencies. The data will play a significant role in the US Federal Reserve's decisions regarding monetary policy and will also impact the overall financial market sentiment.
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