As Fed rate hike predictions increase, the price of bitcoin drops 2% in response to US jobs data
Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up Bitcoin prices fell by 2% on October 6, 2023, following the release of stronger-than-expected US jobs data. The data raised concerns that the Federal Reserve (Fed) will continue to raise interest rates aggressively in order to combat inflation. The US…