Bitcoin Tumbles: Over 8% Loss in a Week Amid U.S. Recession Concerns

Recent data reveals troubling signs for the U.S. economy, significantly impacting the cryptocurrency market. Last month, job additions in the U.S. totaled only 142,000, missing the expected 161,000. The unemployment rate stayed at 4.2%, meeting predictions. This employment report increases the likelihood of the Federal Open Market Committee (FOMC) cutting U.S. interest rates on the […]