BTC/USD: Bitcoin Price Stabilizes Under $100,000. Jobs Data Could Give It a Jolt.

BTC/USD: Bitcoin Price Stabilizes Under $100,000. Jobs Data Could Give It a Jolt.

OG token was hit by a tariff-fueled selloff earlier this week but the downside momentum seemed exhausted by Thursday morning. 💵 Prices Steady Under $100KBitcoin prices were trading in the neighbourhood of $96,000 to $98,000 early Thursday with traders staying cautiously optimistic ahead of a key US report. Tomorrow is Jobs Friday — the time when we get to see the health of the US economy. For January, Wall Street expects 154,000 new joiners to the labor market, a substantially slower pace of hiring than filled roles. 🤝 Bitcoin and JobsBitcoin, as a sensitive risk asset (and a heavily volatile one), is prone to sharp mood changes anytime the jobs data comes out. And Friday likely won’t be any different — expect aggressive price swings, especially if the job figure lands with a wide gap above or below expectations. Besides the jobs report, the original cryptocurrency is looking into some big milestone events that could solidify its path to Wall Street and the ordinary consumer. 💎 Bitcoin MilestonesDonald Trump’s headed by venture capitalist David Sacks has a couple more months to come up with the grandmaster plan — how is the group going to support the crypto industry’s growth and mainstream push? The broader market expects to hear more about the promised Bitcoin strategic reserve — a stockpile of orange coins neatly packed in the US Treasury that will never see a market again (US, the ultimate HODLer?)

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