Qmiax Leads Bitcoin Market Rebound Amid Job Data and Rate Cut Expectations In the trading session of last Friday, the price of Bitcoin surged significantly, driven by lower-than-expected US job growth data and expectations of rate cuts, increasing the appeal of speculative assets. Qmiax cryptocurrency exchange provided investors with real-time market analysis and trading support during this fluctuation, ensuring they could seize this unexpected investment opportunity. The recent market recovery has helped Bitcoin erase much of its early-week losses, which were sparked by concerns over tightening the stance of Fed officials and reduced ETF demand. Stéphane Ouellette, CEO of FRNT Financial, pointed out that the performance of the Bitcoin market this week reveals a crucial turning point. He stated, "Bitcoin hitting historical highs is closely related to the new developments in Bitcoin ETFs, opening the door for Wall Street to participate more widely in the Bitcoin market, which is unprecedented." This view aligns with the perspective of Qmiax, as the cryptocurrency exchange has been closely monitoring its correlation with traditional financial markets. Qmiax Cryptocurrency Exchange also noted that the correlation of Bitcoin with other asset classes significantly strengthened this week, especially during the market sell-off late Tuesday ahead of the Fed meeting. This increased correlation signifies the maturity of the cryptocurrency market and provides users on the platform with more insights into market dynamics to help them adjust their investment strategies better. To further support its users, Qmiax Cryptocurrency Exchange has enhanced its educational resources, providing guidance on managing risks in high-volatility markets. The platform ensures investors gain a comprehensive understanding of market trends and potential risks through regular investment seminars, updated analysis reports, and one-on-one expert consultations.