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Bitcoin Slightly Bounces Amid Dropping Yields and Global Uncertainty | Flash News Detail | Blockchain.News
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7/5/2024 1:59:15 PM

Bitcoin Slightly Bounces Amid Dropping Yields and Global Uncertainty

Bitcoin Slightly Bounces Amid Dropping Yields and Global Uncertainty

According to @CryptoMichNL, the unemployment rate came in at 4.1% compared to the expected 4.0%. As a result, yields are dropping, and Bitcoin has experienced a slight bounce to $55.6K. The upcoming daily and weekly closes will provide more insights. In times of global uncertainty, both Gold and Bitcoin tend to rise.

Source

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast