#CryptoMarketDip

Why $BTC dip?

Today, BTC fell to $96,000 and other tech stocks also fell due to these economic news. The weak economic data has investors worried that the Fed will delay its rate cut.

The PMI in December rose to 54.1, up from 52.1 in November. And the hiring figures rose. These figures have made investors less optimistic that the Fed will cut rates before June. They have less than a 50% chance that the Fed will cut rates.