PUMP Soars 16% in 24 Hours, Bitcoin Reclaims $85K: Weekend Watch

ZRO and AERO are the other notable gainers over the past 24 hours. Bitcoin’s price has climbed slightly on Sunday morning, jumping past $85,000 after the major volatility experienced on Friday after the release of the US jobs report. Most larger-cap alts are also slightly in the green over the past day, with ETH challenging the $2,700 resistance, while XRP is up to $1.50. BTC to Reclaim $85K Bitcoin’s previous business week began with a leg down that drove it from the upper boundary of its trading range at $85,000 to just under the lower at $82,500. The following few days were choppy before the PCE data came out on Wednesday. As it was lower than expected, BTC skyrocketed to $85,600 within minutes. However, the subsequent move was just as rapid, but to the downside. Thursday was calmer, with BTC standing between $82,500 and $84,000. It began to climb again on Friday and was boosted by the much weaker-than-expected US jobs report. The initial move was quite bullish, as bitcoin jumped past $87,000 for the first time in ten days or so. Somewhat surprisingly, though, it crashed almost immediately and had dumped to under $84,000 within hours. The bulls finally intervened at this point a...