🔥The latest macroeconomic data could benefit Bitcoin 🤑
This week, some important macroeconomic data was revealed, which led to the price of #bitcoin jumping to $97,000, prompting analysts to believe that more flexible monetary policies in the United States will benefit Bitcoin more than stocks.
With data from #inflación trending towards the Federal Reserve's 2% target, expectations for multiple rate cuts are becoming stronger. The effect of lowering interest rates could generate a new injection of liquidity that would benefit higher-risk assets like Bitcoin, according to analysts.
The latest employment data in the United States came in better than expected, which could give us signals about the next decision of the 38696647336 regarding the interest rate. On May 6 and 7, the Fed will meet to assess the economic outlook for the United States.
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