HawkInsight

  • Contact Us
  • App
  • English

Grayscale: U.S. jobs report signals fewer rate cuts, still positive for BTC

The network reported that the US employment report for September was strong, indicating that the pace of interest rate cuts may slow, but still positive for Bitcoin. As investors become interested in riskier assets, Zach Pandl, head of research at Grayscale, said: "While the economy is growing steadily, the discussion about the Fed's interest rate cut and the debate about widening the government deficit are still continuing, which should be net good for investors' risk appetite, but may re-。"

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More