[CoinDesk] Bitcoin steadies after AI-led selloff as eyes turn to latest U.S. jobs figures
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Bitcoin recovered to around $75,200 after an AI-driven selloff triggered more than $1 billion in liquidations across crypto markets. Traders are now focused on the upcoming U.S. jobs report, which could shape expectations for Federal Reserve policy and risk appetite. The rebound suggests dip-buying interest remains intact despite the sharp deleveraging event. Market participants will watch whether the jobs data reinforces or undercuts the case for rate cuts, a key driver of crypto liquidity.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
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Bitcoin (BTC), U.S. jobs report
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