Bitcoin Caught Between Stability and Speculation

The US labor market remains stable with jobless claims lower than anticipated at 215,000. However, Federal Reserve Chair Jerome Powell warns of tariff-induced economic challenges, indicating no rate cuts soon. This means Bitcoin, consolidating just below $85K, faces an inflection point. A strong labor market reduces rate cut chances, making risk assets like Bitcoin struggle. It needs to break above $85,000 for bullish momentum, says Titan of Crypto. Investors remain on edge as the market decides its next move.