US Unemployment Remains at 4.2%! Bitcoin Surges to $97,820 — Panic or Crazy Profit?
As unemployment figures in the United States remain at a critical level of 4.2%, the market is unexpectedly volatile: Bitcoin suddenly skyrocketed to $97,820!
This situation has surprised many analysts. Typically, high unemployment rates signal negative trends for the market. But this time is different. Investors are racing to enter hedge assets like crypto — especially BTC.
What Happened?
Market sentiment has reversed direction. Fears of a recession have made Bitcoin seen as the new safe haven.
The dollar weakens, Bitcoin strengthens. When confidence in the traditional economy falters, digital assets become the primary choice.
Institutions are starting to buy BTC in bulk. On-chain data shows a massive influx from institutional wallets.
Current Price:
Bitcoin: $96,808 (sharply up in the last 24 hours)
The potential to break $100K is getting closer!
Netizens Excited:
Comments on social media are filled with euphoria:
> “Unemployment rises? BTC also rises? The world is upside down!”
“Keep going Bitcoin, target $100K this week!”
“Real estate falls, but Bitcoin is mooning!”
Conclusion:
Economic signals that usually cause panic instead make crypto investors smile widely. Is this a sign that Bitcoin will become the world's main currency? Time will tell, but one thing is certain: FOMO has begun.
#SaylorBTCPurchase #BTCRebound #StablecoinPayments #BinanceAlphaAlert #Trump100Days
