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LIVE: Bitcoin smashes $88,000
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Bitcoin has broken above $88,000, gaining almost 2% over the past 24 hours as crypto markets push higher. A surprisingly weak September jobs report showed just 29,000 new jobs, unemployment at 4.2%, and a 29,000 downward revision to August. Citigroup lifted its 12-month Bitcoin target to $113,000 and Ether target to $3,028, while projecting another... Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Strong price breakout with institutional target upgrades and weak jobs data boosting crypto demand.