đ Bitcoin Takes a Rollercoaster Ride! đą
Bitcoin (BTC) joined the Wall Street party on Oct. 4, reacting to U.S. employment data that smashed expectations. BTC/USD danced around $62,000 on Bitstamp, up 2% for the day! đ
- Nonfarm payrolls hit 254,000 vs. the predicted 147,000.
- S&P 500 and Nasdaq also opened higher.
- Market sentiment is sky-high, with traders seeing all news as good news.
But wait, thereâs more! The Fed's next interest rate cut in November is now likely to be smaller, with a 93% chance of a 25 basis point cut.
Will BTC hit $62.5K next? Share your thoughts below! đŹ
