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Bitcoin Surges Past $78,000 as Weak US Jobs Data and ETF Inflows Fuel Rally

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The Story

News Summary

  • Bitcoin climbed past $78,000 following weaker-than-expected US ADP private payrolls, declining Treasury yields, and over $101 million in net spot ETF inflows.
  • Institutional tailwinds grew further with Standard Chartered launching spot crypto trading in the UAE, while technical indicators point to solid bullish momentum targeting $80,000.
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BTCUSD price history

76793.08 +13.85% over the displayed period

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