Bitcoin Holds $90K as Jobs Data Calms Markets

[ed]

Bitcoin stayed firmly above the $90,000 level after fresh US labor data showed slowing job growth without signaling an economic collapse. Hiring cooled sharply, but unemployment dipped slightly and wages remained strong, reassuring markets that the economy is decelerating in an orderly way rather than heading into recession.

For crypto markets, this balance matters. Sharp sell-offs over the past year have followed either inflation scares or sudden growth shocks. Friday’s report showed neither, allowing Bitcoin to remain stable instead of slipping back toward the low-$80,000 range.

[cryptohog]

btc holding 90k on “not great but not terrible” macro news feels weirdly bullish