Bitcoin Price Analysis: BTC Pulls Back to $90,000 on Rally Attempt Failure:-🔥💥💥🚀✨News
Bitcoin Price Movement
Therefore,
The price of Bitcoin surged to $92,000 in the initial stages of Friday but was unable to sustain its levels and currently stands at a lower level of $90,300. The cryptocurrency has witnessed a fall of nearly 1% in the last 24 hours.
Market Trends
Nevertheless, there is a downturn in bitcoin; however, other assets include:
- Nasdaq rises 1%
- S&P 500 up 0.8
* Precious metals and crude oil shooting up
- Bond market marginally ahead
US Economic Data
• December employment data was a mixed bag with 50,000 employment gains against a projected 60,000
- The unemployment rate was down to 4.4% versus 4.6% in November
- University of Michigan Sentiment Index increased to 54, surpassing market forecasts
- Inflationary expectations for one-year terms slightly increased to 4.2% from 4
Supreme Court Decision 
- There were no decisions on rulings concerning the Trump Administration's tariff system, although decisions in cases are anticipated next Wednesday
Crypto-Based Stocks
In addition, the following cryptocurrencies recorded a fall in • Gemini (GEMI) is down - Strategy (MSTR) -5.6 - Bitcoin miners shifted to AI infrastructure like Hut 8 (HUT), IREN (IREN), and Core Scientific (CORZ) and are up 2%-4%.
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