The cryptocurrency research strategist of the asset management company 21Shares, Matt Mena, stated that the surprising strength of the US employment report for April helped boost risk assets upward and improve overall market sentiment.

Mena points out that #Bitcoin seems poised to challenge the US$100,000 level in the coming weeks. If the appetite for risk continues and liquidity flows remain favorable, it could reclaim its all-time high of US$108,000 by the end of the quarter.