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Bounce with it. Crypto markets were jostled about by macroeconomic factors this week, meanwhile the degens were basking in new tokens after the arrival of numerous high-profile airdrops! What happened in markets this week?
Bitcoin started out the week at $63k and attempted to break above the $65k open from the week prior before rejecting from the level on Tuesday and plunging below the key $60k boundary that had supported price throughout the prior two months.
Risk assets ground steadily upwards throughout Thursday and exploded higher on Friday after poor employment data suggested that rate cuts may be imminent, allowing BTC to reclaim its key support level at $60k.
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