Bitcoin briefly hits $87K after weak US jobs data pushes yields lower

The move reinforces that bitcoin's near-term direction is being set by macro data and rate expectations rather than crypto-native catalysts. The order-book cap is the more telling detail: it suggests sellers remain positioned above, so rallies tied to softer data may keep meeting supply before they can extend. The open question is whether the labor market's cooling continues to feed the yields-to-bitcoin transmission, or whether that channel weakens once positioning resets.