$BTC According to Cointelegraph, U.S. non-farm payroll data exceeded expectations, adding 177,000 jobs, indicating that the labor market remains strong. Nevertheless, Trump once again calls for the Federal Reserve to cut interest rates.
BTC price reached a multi-month high after the Wall Street opening on May 2, breaking through $97,000. Market participants warn that BTC may experience a 'liquidity grab' above $97,000.
The S&P 500 and Nasdaq indexes rose by more than 1.3%. The market expects the Federal Reserve not to change its interest rate policy on May 7, with a probability of rate cut at only 2%.