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Home Blockchain

Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes

by wireopedia memeber
April 29, 2025
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes
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Bitcoin price is still “undervalued” despite the recent surge in institutional investor purchasing.

Key Takeaways:

Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook.

The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts.

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