Markets· ★★★★· bullish·

Bitcoin breaks above $88,000 as weak US jobs data lifts risk appetite

  • —Bitcoin broke above $88,000, up about 2% over 24 hours
  • —US added just 29,000 jobs in September, unemployment at 4.2%
  • —Citi lifted its BTC target to $113,000 and ETH target to $3,028
  • —Citi expects another $5 billion of crypto inflows
Why it matters: Soft jobs data cools rate-hike expectations, supporting risk-on sentiment and giving Bitcoin a path toward $90,000.
#BTC#ETH
Source: Cryptopolitan
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