Bullish $BTC

According to BlockBeats, data from CME's "FedWatch" indicates that following the release of initial jobless claims figures, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is now at 87.3%. The likelihood of maintaining the current rate stands at 12.7%.Earlier reports highlighted that the number of initial jobless claims in the United States for the week ending August 23 was 229,000, slightly below the expected 230,000. The previous figure was revised from 235,000 to 234,000.