US EditionBitcoin price still in bargain zone as US jobs report sparks rate cut hopes
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Crypto News Wire - Latest Crypto News And AnalysisBitcoin price still in bargain zone as US jobs report sparks rate cut hopes
Key Takeaways:Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook.The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s (BTC) mid-term outlook dropped to an “optimism” zone, as the investment firm noted that BTC is trending toward “undervaluation.” As proof, the firm cited the ‘Bitcoin Yardstick’ me…
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