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Bitcoin Nears $97K as US Jobs Data Smashes Forecasts—Wall Street Left Scratching Its Head
Bitcoin Nears $97K as US Jobs Data Smashes Forecasts—Wall Street Left Scratching Its Head
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Another day, another macroeconomic surprise—this time it’s the labor market flexing harder than expected while Bitcoin quietly moonwalks toward five figures. The ultimate hedge against fiat incompetence just got more interesting.
Key drivers: Institutional inflows from hedge funds playing catch-up, retail FOMO creeping back in, and that sweet spot where bad news for traditional markets becomes rocket fuel for crypto.
Meanwhile in TradFi land: Analysts still trying to price BTC using 20th century models. Good luck with that.
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