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

The price of Bitcoin is still in an opportunity zone after the U.S. labor report that fuels hopes of a rate cut.

Fidelity Digital Assets says 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.