Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls
- Bitcoin, the "anti-central bank" asset, is currently begging the US government for permission to move. The JOLTS report drops Tuesday, and BTC is clinging to $70k like a life raft made of hope. If jobs cool, rate-cut dreams revive. If they heat up, yields stay high and ETFs bleed. Meanwhile, new Fed Chair Kevin Warsh is watching, likely judging our liquidity addiction. It’s ironic: we bought crypto to escape monetary policy, only to become its most sensitive derivative. Enjoy the volatility; the bureaucracy is watching.