Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat

Bitcoin (BTC) reached a new high of 97,666 USD as US labor market data exceeded expectations, adding 177,000 jobs in April. This resilience underpins market speculation.

President Donald Trump urged the Federal Reserve to lower its interest rates, reflecting consumer frustrations over inflation. Traders are closely watching BTC’s performance amid volatility concerns.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts