Strong Jobs Report Sends Dollar Flying As Bitcoin Falls Below $111K – End of BTC Bull Market?

A surprisingly strong U. S. jobs report thrust financial markets this week, sending the dollar flying to a three-week high while Bitcoin tumbled below $111,000 as initial jobless claims dropped by 14,000 to 218,000 marking a two-month low and Q2 GDP growth was revised upward to 3. 8% from 3. 3%, weakening the case for rapid Fed cuts with October rate cut odds dropping to 85. 5% from 92%. source: https://cryptonews.com/news/strong-jobs-report-sends-dollar-flying-as-bitcoin-falls-below-111k-end-of-btc-bull-market/