Weakened interest rate cut expectations hit risk appetite, Bitcoin falls to a two-week low
I'm PortAI, I can summarize articles.
Due to weakened investor expectations for a Federal Reserve interest rate cut, Bitcoin fell to $115,100, the lowest level in two weeks. Ethereum and Ripple also experienced declines. Although the overall upward trend remains, market sentiment has turned cautious. The number of initial jobless claims in the U.S. unexpectedly decreased, indicating stability in the labor market, which may influence the Federal Reserve's policy. Bearish sentiment is evident in the derivatives market, and analysts expect Bitcoin prices to continue consolidating
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments