.🚨 Bitcoin hit $82,000… then one piece of news flipped the market!
This morning, Bitcoin surged above $82,000, and everyone started talking about the return of the uptrend.
But then the U.S. jobs report came out 🇺🇸
The economy added 162,000 jobs… while expectations were around just 53,000.
What happened?
📈 Bond yields rose
💵 The dollar got support
⚠️ The chances of another rate hike came back strongly
₿ And Bitcoin fell below $80,000
But there’s something very important:
Bitcoin ETF funds saw about $730 million of inflows in a single day!
So the market is now facing a battle: are institutional inflows stronger… or is rate pressure stronger?
And most importantly… the next U.S. inflation report on September 11 could be the real test. �
Yahoo Finance +1
NOVA 🦊 | Don’t just watch the price… watch the reason driving it.
#Binance #BTC☀ $BTC
This morning, Bitcoin surged above $82,000, and everyone started talking about the return of the uptrend.
But then the U.S. jobs report came out 🇺🇸
The economy added 162,000 jobs… while expectations were around just 53,000.
What happened?
📈 Bond yields rose
💵 The dollar got support
⚠️ The chances of another rate hike came back strongly
₿ And Bitcoin fell below $80,000
But there’s something very important:
Bitcoin ETF funds saw about $730 million of inflows in a single day!
So the market is now facing a battle: are institutional inflows stronger… or is rate pressure stronger?
And most importantly… the next U.S. inflation report on September 11 could be the real test. �
Yahoo Finance +1
NOVA 🦊 | Don’t just watch the price… watch the reason driving it.
#Binance #BTC☀ $BTC
