🚨DUMP🚨
Bitcoin's reach and stranglehold on the market have been fully demonstrated today. Losing the $70K mark has significantly impacted the market as a whole. 📉
The primary reason behind this, in my opinion, is the unemployment rate and Mt. Gox. 🤔
The unemployment rate is a positive aspect in an otherwise negative situation. What do I mean by that? 🤔
Well, the unemployment rate was higher than anticipated, indicating that the US economy may not be as stable as we thought. 🇺🇸
However, this could be the catalyst that persuades the FED to reduce interest rates, initiating a series of rate cuts that would further favor the bulls. 🐂
Stay resilient, everyone! Better times are on the horizon! 💪
