Bitcoin

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<p><strong>Key points</strong>:</p>   
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 <li><em>The bitcoin market is experiencing heightened volatility ahead of Friday’s U.S. non-farm payroll data release.</em></li>   
 <li><em>The data may be a determinant as to the size of a potential rate cut by the U.S. Federal Reserve at its September meeting.</em></li> 
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<h5 class="wp-block-heading"><strong>Bitcoin’s price volatility continues as the market awaits August’s U.S. jobs report. The data is expected to influence the Federal Reserve’s potential rate cut decision later this month.</strong></h5>   
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<h2 class="wp-block-heading" id="strong-u-s-jobs-report-impact-on-bitcoin-volatility-strong"><strong>U.S. Jobs Report Impact on Bitcoin Volatility</strong></h2>   
<p>Bitcoin has seen significant volatility as markets prepare for the release of US jobs data for August. The jobs report, a key indicator of the health of the US economy, is expected to play a key role in the Federal Reserve’s interest rate decisions, with market participants closely watching for signs of a possible rate cut.</p>   
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noreferrer noopener"> </a><a href="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" data-type="link" data-id="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" target="_blank" rel="noreferrer noopener">Interest Rate Forecast Shows 70% of Polymarket Traders Predict Fed Cut</a></strong></p>   
<h2 class="wp-block-heading" id="strong-rate-cut-expectations-amid-u-s-jobs-report-strong"><strong>Rate Cut Expectations Amid U.S. Jobs Report</strong></h2>   
<p>Ahead of the <a href="https://www.theblock.co/post/314206/fed-interest-rate-bitcoin-recession-fears" target="_blank" rel="noreferrer noopener">Federal Open Market Committee</a> meeting, traders are pricing in the possibility of a 25 or 50 basis point interest rate cut, with today’s US jobs report expected to be a key deciding factor. Market analysts believe the report will influence Bitcoin’s volatility as institutional investors and ETFs continue to navigate the economic outlook.</p>   
<p>The continued outflow of funds from Bitcoin exchange-traded funds, totaling $900 million, is contributing to the volatility. However, analysts also see a potential trend reversal opportunity amid the increased volatility.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Bitcoin Volatile As Market Awaits Impact Of U.S. Jobs Report Data

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