Bitcoin ($BTC ): Briefly hits $87K as weak US jobs data lowers bond yields
Bitcoin rose to around $87,000 after weaker‑than‑expected US payrolls pushed Treasury yields lower, though order‑book resistance prevented the cryptocurrency from setting new macro‑level highs.
The key driver was the soft jobs data, which caused a decline in bond yields and typically creates a more favorable environment for risk assets such as Bitcoin, prompting the brief price surge.
This episode highlights Bitcoin’s sensitivity to macroeconomic indicators, suggesting that future employment reports and yield movements could continue to shape its short‑term price trajectory.
**$BTC**
Bitcoin rose to around $87,000 after weaker‑than‑expected US payrolls pushed Treasury yields lower, though order‑book resistance prevented the cryptocurrency from setting new macro‑level highs.
The key driver was the soft jobs data, which caused a decline in bond yields and typically creates a more favorable environment for risk assets such as Bitcoin, prompting the brief price surge.
This episode highlights Bitcoin’s sensitivity to macroeconomic indicators, suggesting that future employment reports and yield movements could continue to shape its short‑term price trajectory.
**$BTC**
