Due to US Jobs Data Showing Slower Growth in January 2025, Bitcoin Immediately Rebounds, Knocks at $100K Bitcoin has rebounded considerably after the latest US jobs data showed weaker-than-expected job growth in January 2025. The crypto asset, which had been struggling below six figures in recent days, saw a strong rebound as traders responded to the labor market report. Bitcoin Reclaims Lost Ground After Jobs Report Bitcoin had been under pressure throughout the week, dropping from a peak of $101,785 on Tuesday, Feb. 4 to a low of $95,678 yesterday, Feb. 6. The asset struggled to regain momentum as investors awaited key economic data from the U.S. Labor Department. However, once the jobs report was released, Bitcoin spiked nearly 3% within an hour, climbing back toward $99,700
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