Golden Finance reported that the strong September employment report in the United States suggests that the pace of interest rate cuts may slow down, but it is still positive for Bitcoin as investors show interest in higher-risk assets. Zach Pandl, Director of Research at Grayscale, said, 'While the economy is rising steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding the government deficit are ongoing. This should be a net positive for investors' risk appetite, but it may rekindle inflation risks in the medium term.'
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Golden Finance reported that the strong September employment report in the United States suggests that the pace of interest rate cuts may slow down, but it is still positive for Bitcoin as investors show interest in higher-risk assets. Zach Pandl, Director of Research at Grayscale, said, 'While the economy is rising steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding the government deficit are ongoing. This should be a net positive for investors' risk appetite, but it may rekindle inflation risks in the medium term.'