Source: Investing.com
“Bitcoin’s price rose on Monday, extending a rebound over the weekend as signs of resilience in the U.S. economy helped support broader risk appetite. Betting markets also showed investors leaning more towards a Donald Trump presidency over Kamala Harris, which presents a better regulatory outlook for crypto. Bitcoin tracked strong gains in global stock markets after stronger-than-expected U.S. nonfarm payrolls data quashed fears of a U.S. recession. But the reading also diminished expectations for deep interest rate cuts by the Federal Reserve.” (10/07/24)