#BTC# Gold Financial 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 become interested in higher-risk assets. Zach Pandl, Director of Research at Grayscale, said, 'While the economy is growing steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding the government deficit continue. This should be a net positive for investors' risk appetite, but it may reignite inflation risks in the medium term.'
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#BTC# Gold Financial 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 become interested in higher-risk assets. Zach Pandl, Director of Research at Grayscale, said, 'While the economy is growing steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding the government deficit continue. This should be a net positive for investors' risk appetite, but it may reignite inflation risks in the medium term.'