Online report, February 8, according to Cointelegraph, although the hiring rate in the United States in January was slower than expected, Zach Pandl, director of grayscale research, said in an interview that Bitcoin is likely to hit a record high in the first quarter of 2025. On February 7, U.S. officials said that the country created 143,000 new jobs in January, slightly lower than expected. Pandl believes the latest U.S. jobs report may "strengthen expectations that the Fed will suspend interest rates for some time, but is unlikely to lead to a substantial re-pricing." Pandl said: "Bitcoin may take it easy to cope with the latest employment report. Bitcoin and other digital assets are benefiting from various policy-related downwind factors, including progress in stablecoin legislation." As a result, he expects "the cryptocurrency market to show a bullish bias." "As long as the stock market remains stable, Bitcoin could hit a new high later this quarter," he said.