Bitcoin price has dropped by over 7% from its highest level this week and could fall below $60,000 this month
Bitcoin dipped to a low of $63,504 on Thursday even after the Federal Reserve hinted a potential rate cut in September is on the table. What should be seen as a bullish indicator isn’t the sentiment shared among the community Another key macro catalyst for Bitcoin and other risk assets will be Friday’s non-farm payroll data. Jerome Powell stated on Wednesday that the Fed would watch these jobs to determine whether a rate cut is necessary in September
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