Bitcoin's Remarkable Recovery

After experiencing a significant drop in the past few days, Bitcoin has made a surprising comeback, climbing to almost $95,000 on Tuesday. This recovery comes after the cryptocurrency reached its lowest level since November 2024 just yesterday.

Impact of Jobs Report

The recent stronger-than-expected jobs report from last Friday has left investors pondering its potential influence on the Federal Reserve's future monetary policy decisions. This contemplation likely contributed to Bitcoin's previous downturn.

Current Market Status

As of 1:26 am ET, Bitcoin saw a 0.35% increase, selling for $94,851.061. Meanwhile, Ethereum also experienced growth, advancing by 1.28% at 1:28 am ET, with its price reaching $3,176.6072.