Did Bitcoin Bottom? Weak US Jobs Data Shakes The Market
Key takeaways: Bitcoin briefly surged to $113,000 before reversing after weaker-than-expected US payrolls data. Onchain flows show $2 billion in stablecoin inflows and record open interest near all-time highs. A weekly close above $112,500 is needed to confirm a lasting market bottom. Bitcoin (BTC) has rallied as much as 4.75% this week, rising to $113,384…