QCP Capital: US Unemployment and CPI Data May Push Bitcoin Price to New Highs
Analysts at crypto-asset trading firm QCP Capital say that today's release of the U.S. jobless claims report and next week's release of the CPI could be the catalysts for bitcoin to hit new all-time highs. In addition, market expectations of the possibility of an interest rate cut will also help Bitcoin move higher.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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