Crypto Experts Believe Bitcoin Surge Driven By Macroenvironment, Not Just By Spot ETF Approval Anticipation: Report
Last week’s payroll data indicated the jobless rate rose to 3.9% while wage growth also saw a softer growth. Job creation slowed to 150,000 jobs in October after rising by 297,000 in September. These factors could possibly keep the Federal Reserve from hiking up interest rates (currently within the range of 5.25% to 5.5%) thereby leading to a positive development for risk assets, including cryptocurrencies. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, Hedera, Citi, BMO, Northern Trust, Citibank, Amazon, S&P Global, Google, Invesco, and Moody’s will join Benzinga on Nov…