Bitcoin Drops Below $63K as Jobs Data, Interest Rates Impact

Bitcoin plummeted this week, dropping below sixty-three thousand dollars, following strong US job data and interest rate expectations. Ether also fell, with the overall market reacting to the news. The recent struggles might also be linked to decreased demand after the initial excitement surrounding spot Bitcoin ETFs. Despite short-term uncertainty, some experts remain optimistic about Bitcoins long-term future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.