Bitcoin nears highest level since January as $85,000 sell wall clears, US jobs data disappoints
60-second summary
Bitcoin climbs toward $87,000 on Friday after the $85,000 sell wall evaporates, according to Glassnode, marking its highest level since January; the rally coincides with disappointing U.S. jobs data that weakens dollar expectations and fuels risk‑on sentiment. The price surge suggests renewed buyer momentum, potentially pressuring altcoins while reinforcing Bitcoin’s role as a market bellwether.
Bitcoin climbed back toward $87,000 on Friday as sellers cleared out around $85,000, according to Glassnode.