The price of Bitcoin (BTC) experienced a steep decline in the past week, falling as low as $60,000 based on data from CoinMarketCap. However, the BTC market has made some recovery in the last day in line with positive jobs data news from the US. Diving into this development, financial industry analysts at Kobeissi have tipped the US Federal Reserve to implement a 25% rate cut in November. US Jobs Rise Higher Than Expected As Inflation Slips By 1% On Friday, the US Bureau of Labor Statistics released the latest…
