Bitcoin Surges 10% as US Job Data Fuels Rate Cut Hopes

币界网报道:Bitcoin surged over 10% to $47,000 after weaker-than-expected U.S. job data fueled speculation of potential Federal Reserve rate cuts, boosting risk assets. The January nonfarm payrolls report showed 353,000 new jobs, far exceeding forecasts, but downward revisions to previous months and rising unemployment signaled economic softening. Analysts suggest the mixed data keeps hopes alive for monetary easing later this year, with markets now pricing in a 55% chance of a June rate cut. The cryptocurrency rally extended to Ethereum and other altcoins as investors anticipate improved liquidity conditions. Bitcoin's rebound follows its recent dip below $40,000

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