The price of Bitcoin, the top cryptocurrency, has witnessed considerable impact from similar US data in previous instances. Previous data demonstrates that income data and interest rate announcements from the Federal Reserve have often resulted in price decreases in the cryptocurrency. Furthermore, when the US dollar strengthens, it typically leads to a decline in the cryptocurrency markets. This can be attributed to investors redirecting their investments towards a robust US dollar. Get the most recent update on the awaited US data by visiting COINTURK FINANCE, where you can access the latest financial and business news.
