Crypto Rally Stalls Again—Bitcoin Slips Back
The latest crypto rebound attempt is losing steam. Bitcoin and major tokens fell on Thursday, giving back part of the early-year momentum as traders turned more cautious on risk.
Latest prices: Bitcoin trades around $90,217 (down about 2.4%), Ethereum near $3,117 (down about 3.8%), and XRP around $2.11 (down about 7.0%).
The move reflects a mix of profit-taking and softer risk appetite, with crypto reacting quickly whenever broader risk assets pause.
Markets are also bracing for a key macro catalyst: Friday’s US Nonfarm Payrolls (NFP). The report will shape expectations for the Fed’s next steps—feeding into the dollar, yields, and overall risk sentiment.
A softer jobs print could revive rate-cut hopes and help digital assets stabilize. But a stronger-than-expected report could reinforce the dollar and keep crypto under pressure—especially as Bitcoin’s dominance continues to dictate the direction for altcoins.
Source: Newsmaker.id