Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower
60-second summary
Bitcoin briefly reaches $87,000 as weaker‑than‑expected U.S. payroll data drives Treasury yields down, easing macro pressure on the cryptocurrency. The dip in yields lowers the dollar’s appeal, supporting BTC’s rally, yet order‑book resistance caps further gains, preventing a new macro‑high. This dynamic suggests short‑term price optimism but sustained upside depends on broader market liquidity and confidence.
Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.