Bitcoin price ignores major US payrolls miss to erase $113.4K surge

Bitcoin price strength disappears despite nonfarm payrolls data cementing Fed rate cut bets, and bulls are nowhere to be seen.

Key points:

Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000.

BTC price action gives up all its gains while gold goes on to hit yet another all-time high.

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