Bitcoin Volatility Declines as Market Awaits Macroeconomic Catalysts

With the S&P 500 nearing the 6,000-point mark after a surprise surge in U.S. job vacancies, the market is now awaiting Friday’s non-farm payrolls report for further insight into the economic landscape. QCP notes that stable employment data could reinforce the Federal Reserve’s belief that the labor market remains resilient, potentially strengthening expectations for interest rates to remain unchanged. This stability may be driving investors to consider positions that aim to capitalize on volatility.