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[Grayscale Research Director: Despite Temporary Resistance In Macroeconomic Data, BTC Outlook Remains "structurally Bullish"] Grayscale Research Director Zach Pandl Said That Despite Temporary Resistance In Macroeconomic Data, The Price Outlook Remains "structurally Bullish". On January 10, The US Jobs Report Was Positive, And The US Dollar Rose Due To Expectations Of A Slowdown In The Pace Of Interest Rate Cuts, And The BTC Spot Price Fell Below $93,000. Pandl Said: "Bitcoin Seems To Be Suppressed By The Strength Of The US Dollar, Which Has Risen Due To The Federal Reserve's Tougher Policies And Tariff Threats. Today's Strong Jobs Report Reduces The Possibility Of A Rate Cut By The Federal Reserve, Further Supports The US Dollar, And May Temporarily Put Pressure On Bitcoin Prices. However, With The Upcoming US Presidential Inauguration, This Setback May Be Short-lived." Zach Pandl Added That He Still Believes That "the Outlook For Cryptocurrency Valuations Is Structurally Bullish."
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