US jobless claims hint at stability as Bitcoin reaches ‘inflection point’ at 85,000 USD

US jobless claims dropped to 215,000, under the expected 225,000. This suggests a solid labor market, reducing fears of economic instability and positively impacting risk assets like Bitcoin.

Bitcoin is currently at a crucial inflection point at 85,000 USD. Analysts warn that without a breakthrough above this level, bearish trends could emerge.

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