Bitcoin surged over $2,000 in a single move, breaking through to $92K following early release of employment figures. The data showed private sector job additions of 654K but 181K government positions were cut—moves that typically signal economic shifts traders watch closely. The market held BTC above the $91K level as support. Meanwhile, Supreme Court proceedings on tariff rulings moved into focus, with probability assessments for upholding the decisions climbing to 31%. These overlapping signals—employment readings, policy uncertainty, and near-term legal outcomes—shaped intraday momentum across major pairs.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
TestnetFreeloader
· 01-09 23:04
92K broken through, really can't hold on anymore, let's see if we can stabilize this wave
View OriginalReply0
GasGrillMaster
· 01-09 22:57
It's really hard to hold on after reaching 92K, and the policies are starting to cause trouble again.
View OriginalReply0
SatoshiLeftOnRead
· 01-09 22:46
92k has been broken. This wave is a double kill of data and policy.
View OriginalReply0
ImpermanentPhobia
· 01-09 22:42
What kind of rhythm is this, 92k? The blame for government layoffs can also make Bitcoin soar?
Bitcoin surged over $2,000 in a single move, breaking through to $92K following early release of employment figures. The data showed private sector job additions of 654K but 181K government positions were cut—moves that typically signal economic shifts traders watch closely. The market held BTC above the $91K level as support. Meanwhile, Supreme Court proceedings on tariff rulings moved into focus, with probability assessments for upholding the decisions climbing to 31%. These overlapping signals—employment readings, policy uncertainty, and near-term legal outcomes—shaped intraday momentum across major pairs.