Bitcoin Swings as Rate Pause Odds Near 95%

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Bitcoin volatility spiked on the back of surprisingly strong US nonfarm payrolls numbers, but traders retained $50,000 BTC price targets. Will a Federal Reserve interest rate decision lead to a bullish outcome?

Bitcoin saw flash volatility around Wednesday’s Wall Street open as US jobs data came in well above expectations.

Bitcoin attempts to rescue the day’s losses on the back of stronger US nonfarm payrolls data.

Mixed signals result in risk assets diverging in their reactions to the numbers.

Bitcoin traders stay wary of a deeper BTC price dip to come.


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