Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower

Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.

Bitcoin (BTC) spiked past $87,000 on Friday as US jobs data missed expectations.

Key points:

Data from TradingView showed BTC/USD reaching $87,229 on Bitstamp, just shy of new eight-month highs.

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