Golden Finance reported that International Monetary Fund (IMF) spokesman Kozak said when asked about Bitcoin’s legal tender status in El Salvador that the use of Bitcoin will be voluntary. He also said that the U.S. labor market is cooling, Inflation was higher than expected, but inflation was trending towards the 2% target. As uncertainty about the U.S. economic outlook remains high, the Fed will need to adjust the speed and magnitude of interest rate cuts based on upcoming data.