Bitcoin Rebounds To $86K Ahead Of Jobs Data; MSTR, COIN Gain
Bitcoin (BTC) and other cryptocurrencies rose Friday, pushing crypto-linked stocks like MicroStrategy (MSTR), Coinbase (COIN), and Bitmining (BMNR) higher. The rally was fueled by short liquidations, falling Treasury yields, and a bullish $113,000 Bitcoin price target from Citigroup.
S. jobs report, with large-cap crypto-linked stocks also moving higher. A wave of short liquidations, easing Treasury yields and a fresh $113,000 Bitcoin target from Citigroup added to the rally's momentum. 9…