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.
- Content Editor ( coingape.com )
- 2024-10-04
US Job Data Dampens Market Sentiment, Bitcoin To Witness Further Decline?