Bitcoin Stability Faces Jobs Report Challenge
- BTC rebounds to nearly $95K after testing $90K-$93K support zone.
- U.S. nonfarm payrolls report expected to add 164,000 jobs in December.
- Fed’s hawkish stance could affect inflation-adjusted bond yields and risk assets.
The anticipated addition of 164,000 jobs in the U.S. nonfarm payrolls report may influence Bitcoin’s price stability. A stronger-than-expected report could exacerbate Fed-related inflation fears, potentially impacting bond yields and risk asset valuations, including BTC.
