{"id":778,"date":"2024-10-07T10:01:38","date_gmt":"2024-10-07T10:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=778"},"modified":"2024-10-07T10:01:38","modified_gmt":"2024-10-07T10:01:38","slug":"bitcoin-approaches-64k-amid-growing-optimism-for-soft-landing-and-a-goldilocks-us-economy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=778","title":{"rendered":"Bitcoin Approaches $64K Amid Growing Optimism For &#8216;Soft Landing&#8217; And A &#8216;Goldilocks&#8217; US Economy"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has seen a notable increase of 1.08% over the past 24 hours, approaching the $64,000 mark. This surge is attributed to positive U.S. employment data and the anticipated reduction in interest rates.<\/p>\n<p><strong>What Happened<\/strong>: The cryptocurrency is currently trading at $63,526, recovering from a recent dip near $60,000 last Thursday. This rebound aligns with the U.S. monthly jobs report released on Friday, which showed 254,000 jobs added in September, surpassing the Dow Jones forecast of 150,000, The Block <a href=\"https:\/\/www.theblock.co\/post\/319697\/bitcoin-nears-64000-us-economy-in-goldilocks-state\">reported<\/a> on Monday.<\/p>\n<p><strong>Min Jung<\/strong>, an analyst at <strong>Presto Research<\/strong>, highlighted increased optimism for a \u201csoft landing,\u201d suggesting the U.S. economy is in a \u201cGoldilocks\u201d state, according to the report. <strong>Rachel Lucas<\/strong> from <strong>BTCMarkets<\/strong> pointed out that improved &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/10\/41202455\/bitcoin-approaches-64k-amid-growing-optimism-for-soft-landing-and-a-goldilocks-us-e\" alt=\"Bitcoin\" approaches amid growing optimism for landing and a us economy>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) has seen a notable increase of 1.08% over the past 24 hours, approaching the $64,000 mark. This surge is attributed to positive U.S. employment data and the anticipated reduction in interest rates. What Happened: The cryptocurrency is currently trading at $63,526, recovering from a recent dip near $60,000 last Thursday. This rebound [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-778","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=778"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/778\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}