Bitcoin Slips Below $80,000 After Jobs Data. 2 Things That Could Power Cryptos Higher.
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Bitcoin fell below $80,000 after US jobs data prompted a market repricing that pressured risk assets. Analysts point to two potential upside catalysts: continued strong inflows into spot Bitcoin ETFs and evidence of a Fed policy shift or softer macro data that eases interest-rate pressure. The implication for Bitcoin is that its near-term direction remains tightly linked to macroeconomic signals and institutional flows, so favorable developments on either front could quickly reverse the recent decline.
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