Bitcoin’s $120K Stalemate: Why Fed Rate Cuts Aren’t the Magic Bullet

As of a groggy Monday morning, Bitcoin had crept up a grand total of 0.56% in 24 hours, landing at $111,800. It’s like a snail doing the moonwalk. This rise came in the aftermath of August’s job report showing a paltry 22,000 jobs added, a far cry from the anticipated 75,000. Imagine ordering a feast and getting just a solitary canapé.




