Wall Street Throws a Champagne Soirée as Bitcoin Teases $98K—Is $120K Next?
The U.S. Department of Labor, obviously feeling mischievous, unveiled its jobs report on Friday. Not only did they foxtrot past the glum prediction of 135,000 new jobs, they landed at a joyous 177,000, sparking euphoria in every trading pit from New York to the wild crypto hinterlands. Unemployment, steadfast as a butler at a garden party, remained at 4.2%. Meanwhile, bitcoin (BTC), never one to be left out of the excitement, sidled up to $98K. Exhilarating stuff—if you like your markets shaken, not stirred.