Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower

Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.

Bitcoin (BTC) spiked past $87,000 on Friday as US jobs data missed expectations.

Key points:

Data from TradingView showed BTC/USD reaching $87,229 on Bitstamp, just shy of new eight-month highs.

Read more

Go to Source

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.