$BTC

Bitcoin ($BTC ) has shown a partial recovery today, rebounding 2.59% to around $97,016 after recent declines. This uptick is largely attributed to investor anticipation surrounding the upcoming U.S. jobs report (payroll). Market participants are closely watching this data, as it could influence the Federal Reserve’s monetary policy decisions. A softer labor market may lead to expectations of interest rate cuts, which typically benefit risk assets like cryptocurrencies. Despite this rebound, BTC remains below the $100,000 mark, indicating that while sentiment is improving, caution persists amid ongoing macroeconomic uncertainties.