Bitcoin steadies after AI-led selloff as eyes turn to latest U.S. jobs figures
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Bitcoin recovered to roughly $75,200 after an AI-driven selloff on Thursday triggered more than $1 billion in liquidations across crypto markets. Traders are now focused on the latest U.S. jobs report, which could shape expectations for interest rates and risk assets. The rebound suggests dip-buying interest remains intact despite the sharp deleveraging, though sentiment stays fragile after the forced selling. The labor data is the next catalyst to watch, with a strong print potentially reviving rate concerns and a weak one likely supporting crypto and other risk assets.
Muhabbit's AI wrote this summary in its own words from CoinDesk'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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