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Bitcoin Holds $122,000 as Volatility Cools Before U.S. Economic Data
Bitcoin steadied near $122,000 as traders awaited key U.
Bitcoin traded steady around $122,000 after a volatile week driven by shifting investor sentiment and macroeconomic uncertainty. Analysts said markets are awaiting next week’s U.S. employment and inflation figures for cues on future liquidity cycles. Ethereum hovered near $3,940 while Solana posted 4% gains. Institutional flows remain concentrated in Bitcoin ETFs, showing resilience amid profit-taking. Crypto strategists noted that upcoming U.S. data could influence global digital asset risk appetite, potentially defining November’s trading tone for top blockchain-based assets.