Bitcoin's price remained around $93,000 following a stronger than expected jobs report for December, with employers adding 256,000 jobs compared to a forecast of 160,000. This news raised inflation concerns, causing Bitcoin's price to initially drop to $92,700 before recovering slightly. The unemployment rate decreased to 4.1%, which may contribute to wage growth and consequently inflation. Tom Dunleavy from MV Capital stated that 'good news is bad news' as employment strength could prevent interest rate cuts by the Federal Reserve. The Fed indicated it would slow down rate cuts due to economic pressures. Additionally, higher bond yields have negatively impacted risk assets like Bitcoin, leading to shifts in investor confidence regarding rate cuts in the coming months. Although Bitcoin showed volatility, it gained 1.5% lately, aligning it with the broader concerns about inflation and economic conditions.

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