Treasury Secretary Calls for More Rate Cuts Despite Strong Jobs Data
Treasury Secretary Scott Bessent advocates for more rate cuts to support economic growth, despite strong jobs data. Markets adjust rate cut bets, and bitcoin prices dip.
jobs data
Bitcoin rejects at key $93.5K as Fed rate-cut bets meet ‘strong’ bear case
Bitcoin struggles at $93.5K resistance as strong US jobs data dampens rate-cut optimism, pointing to underlying bearish sentiment.