Bitcoin Steady as U.S. Jobs Report Approaches
- Bitcoin (BTC) remains below $100,000 despite Eric Trump’s endorsement.
- The U.S. administration is considering a strategic BTC reserve.
- The Utah House passed the “Strategic Bitcoin Reserve” bill.
- Volmex’s BTC implied volatility index suggests a daily price swing of $2,600.
- Berachain’s BERA token saw a trading volume of $4.8 billion on debut.
Bitcoin continues to hover below the $100,000 mark even after public endorsements and legislative movements in favor of cryptocurrency. The market awaits the U.S. jobs report for potential impact on prices and volatility.
Source (2.6)https://www.coindesk.com/daybook-us/2025/02/07/crypto-daybook-americas-bitcoin-steady-before-jobs-data-shrugs-off-eric-trump-endorsement?rand=52298