Bitcoin Posts Highest Weekly Close in 8 Months Above $86K
- —BTC weekly close above $86,000 — highest in 8 months
- —Overnight peak of $86,900, then a pullback to $85,500
- —US core PCE came in at 3.0% vs 3.3% expected
- —US nonfarm payrolls at 29K vs 90K expected
Why it matters: Weak macro data cut the odds of a Fed rate hike to 20%, keeping bitcoin near its 8-month highs.
Source: Uzmancoin