Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.The world's biggest cryptocurrency by market capitalization rose 0.2% at 12:40 p.m. in New York, according to"Wage growth and the unemployment rate will concern the hawks at the Fed and that means we’re not out of the woods when it comes to hikes," Nexo co-founder Antoni Trenchev told The Block.
Trenchev said bitcoin needs a fundamental driver to break out of its current range,"as it is unlikely to pierce its 13-month high on the back of the jobs report.""If the CPI data is lower than expected, Bitcoin could potentially reach $35,000," Trenchev said."However, a higher CPI might cause Bitcoin to fall below $30,000 as investors withdraw some funds,"© 2023 The Block Crypto, Inc. All Rights Reserved.
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