Zach Pandl, research director at Grayscale Investments, stated that the non farm payroll data for November exceeded expectations. However, the data also shows that the unemployment rate has risen, which may force the Federal Reserve to cut interest rates later this month. He said, "Today's employment report may consolidate the reason for the Federal Reserve to cut interest rates again at the upcoming meeting. Other things being equal, lower official interest rates often put pressure on the value of the US dollar and benefit other currencies, including Bitcoin. Although BTC fell from over $100000 yesterday, Grayscale Research believes that the rise of cryptocurrencies can continue into the new year @drunky