Bitcoin leaps toward $90K as US jobs data offers pre-crypto summit boost

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Coin Telegraph 2d ago

Bitcoin leaps toward $90K as US jobs data offers pre-crypto summit boost - Coin Telegraph

Quick Summary:

Bitcoin commentators' attention switches to US macro data as the White House Crypto Summit arrives with the Strategic Reserve already in place.

Bessent referred to the executive order signed by President Donald Trump the day prior, which halted sales of confiscated BTC while holding off on direct additional purchases — a move that initially caused BTC/USD to fall sharply.

Given how fragile equities are looking, any surprises in the data could spark volatility across risk assets — including crypto.