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According to ChainCatcher, the strong US employment report in September suggests that the pace of interest rate cuts may slow down, but it is still good news for Bitcoin as investors show interest in higher-risk assets.


Grayscale's research director Zach Pandl said:"While discussions about the Fed's interest rate cuts and expanding government deficits continue amid a stable economic rise, this should be a net positive for investors' risk appetite, but could rekindle inflation risks in the medium term."
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