Bitcoin Rejected at $87K Despite Soft PCE and Jobs Data as QNT, NIGHT Surge
- —Bitcoin rose to $87,200 after the weak US jobs report, then dropped to $85,200
- —QNT gained 160% on the week, NIGHT added 105%
- —XRP, ZEC, HYPE, BCH and UNI closed the week in the red
- —Market cap $3.05T, BTC dominance 56.6%, BTC $85,670 (+1.9%)
Why it matters: Soft US macro data cut rate-hike odds, yet bitcoin failed to hold $87K, leaving the market waiting for confirmation of demand.
Source: CryptoPotato