Bitcoin Rallies 2% Amidst Key US Macro Data Releases and Fed Speeches

Bitcoin price has surged by 2% today, bucking a recent trend of downward pressure. This surge comes amidst a flurry of crucial US macroeconomic data releases, including GDP figures, unemployment statistics, and significant speeches from Federal Reserve officials. The market appears to be closely watching these developments, as they can influence the trajectory of both traditional and digital asset markets. While the recent price downturn hasn’t been completely erased, the positive momentum suggests traders are hopeful that the macro landscape might be shifting in favor of Bitcoin.