# Bitcoin Market Dynamics: Buying in Asia, Selling in the US?

Crypto analyst Miles Deutscher pointed out that Bitcoin has recently shown a trend of "buying in Asia, selling in the US". In the past two weeks, the cumulative return rate of Bitcoin in the Asian trading session exceeded 5%, while the return in the US trading session was negative. 🤔

The August non-farm payroll report released next Friday (September 6) will be key. If the data is weak, the Federal Reserve may cut interest rates by 25 basis points or even 50 basis points in September, which is good news for risky assets such as Bitcoin. What do you think? Welcome to discuss in the comment section!