đšDUMPđš
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. đ
The primary reason behind this, in my opinion, is the unemployment rate and Mt. Gox. đ€
The unemployment rate is a positive aspect in an otherwise negative situation. What do I mean by that? đ€
Well, the unemployment rate was higher than anticipated, indicating that the US economy may not be as stable as we thought. đșđž
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. đ
Stay resilient, everyone! Better times are on the horizon! đȘ
