Bitcoin breaks out, but weak US jobs data breaks bulls again: Time to risk on or off?
Bitcoin’s brief rally above $113,000 disintegrated after a shocking US jobs report emerged. Is it time to add or cut risk?
Key takeaways:
Bitcoin briefly surged to $113,000 before reversing after weaker-than-expected US payrolls data.
Onchain flows show $2 billion in stablecoin inflows and record open interest near all-time highs.