The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Bitcoin fell nearly 3% toward $63,000 on June 18 following the release of stronger-than-expected U.S. labor market data. The robust jobs report reinforced the Federal Reserve's hawkish outlook. Consequently, expectations for short-term interest rate cuts have diminished.