Bitfinex analyst: If Friday's US employment data weakens, Bitcoin price may climb to $125000 in June

According to BlockBeats, on June 5th, Bitfinex analysts stated that if Friday's weak US employment report triggers market expectations of an early rate cut by the Federal Reserve, Bitcoin prices may climb to $125000 in June. However, if employment data is strong, prices may fall to around $95000. At the same time, BRN warns that the decrease in cryptocurrency ETF fund inflows, the surge in IPO activity, and price trends all indicate a bearish market outlook in the near future, lacking upward momentum. (The Block)