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Bitcoin Surges, Then Drops Below $55K Due to Jobs Report Impacting Crypto Volatility
September 6, 2024The brief rally in the cryptocurrency markets following Friday’s U.S. jobs report quickly reversed in volatile action. Bitcoin (BTC) surged to $57,000 earlier today after the key report, only to…
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Analyst at Fidelity Investments Discusses Factors Impacting Bitcoin Adoption Deceleration
June 14, 2024Fidelity Investments’ Director of Global Macro, Jurrien Timmer, sheds light on the recent slowdown in Bitcoin adoption. While Timmer acknowledges Bitcoin as “exponential gold” and a potential store of value,…