Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat

From CoinTelegraph
May 2, 2025 12:30 PM:

The US labor market is strong, with nonfarm payrolls beating expectations, pushing Bitcoin and stocks higher. BTC may reach $97,000, sparking a “liquidity grab.” The Fed is urged to lower interest rates by President Trump. However, strong job data may delay rate cuts. BTC traders warn of potential price reversals. Fed rate decision on May 7 unlikely to change. Bitcoin price targets set at $99,000.

Read more at Cointelegraph: Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat