#AbuDhabiStablecoin The price of Bitcoin remains "undervalued" despite the recent increase in purchases by institutional investors.

The price of Bitcoin is still in a zone of opportunity following the U.S. labor report, which raises hopes for a rate cut.

Fidelity Digital Assets states that Bitcoin is undervalued, and the firm maintains an optimistic medium-term outlook.

The JOLTS report shows a significant drop in open job offers in the United States, increasing investors' hopes for cuts in the Fed's interest rates.