Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower
Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.
Bitcoin (BTC) spiked past $87,000 on Friday as US jobs data missed expectations.
Key points:
Data from TradingView showed BTC/USD reaching $87,229 on Bitstamp, just shy of new eight-month highs.