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Bitcoin dices with $110K as US jobs beat takes Fed rate cut 'off table'

cryptoweekly by cryptoweekly
July 3, 2025
in bitcoin, News
0

Bitcoin reverses its push beyond $110,000 as markets discount the odds of the Federal Reserve lowering interest rates before September.

Key points:

Bitcoin quickly reversed gains as US nonfarm payrolls data beat expectations and unemployment fell more than thought.

Analysis says that the Federal Reserve is now unlikely to lower interest rates at its July meeting.

Read more

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Recent Posts
  • Bitcoin price rallied 80% the last time BTC funding rates flipped red
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  • Pakistan Bitcoin mining plan in limbo as IMF rejects power subsidies: Report
  • Bitcoin dices with $110K as US jobs beat takes Fed rate cut 'off table'
  • John Smedley’s studio raises $30.5M for new shooter built on Etherlink
  • Why can’t Bitcoin price break $112K all-time highs? BTC analysts explain
  • ChatGPT vs X: Which is better at first spotting the next big crypto narrative?

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