Bitcoin Wavers as US Jobless Claims Plunge, Fed Rate Hike Bets Rise

Bitcoin faced renewed volatility on Thursday after stronger-than-expected U.S. labor data fueled speculation that the Federal Reserve could maintain its hawkish stance following its latest interest rate hike. Initial jobless claims fell by 10,000 to 196,000 for the week ending September 12, according to U.S. Department of Labor data.

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Source: Tokenpost

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Category Cryptocurrency

Source Tokenpost

Published 1 week ago

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News ID #18,487

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