Bitcoin Is Far From a Bear Market, Analysts Claim | US Morning Crypto Briefing

Welcome to the US Morning Crypto Briefing—your essential rundown of the most important developments in crypto for the day ahead.Grab a coffee to see how Bitcoin is holding firm above $79,000 despite a sharp equities sell-off. Markets are bracing for the March NFP report and rising recession risks. With Fed rate cuts on the table and ETF inflows staying strong, all eyes are on what’s next for macro and crypto markets.Is Bitcoin in a Bear Market? Sponsored Sponsored The highly anticipated March U.S. non-farm payrolls (NFP) report is due later today, and it’s expected to play a key role in shaping market sentiment heading into the weekend.“With the key macro risk event now behind us, attention turns to tonight’s non-farm payroll report. Investors are bracing for signs of softness in the U.S. labour market. A weaker-than-expected print would bolster the case for further Fed rate cuts this year, as policymakers attempt to cushion a decelerating economy. At the time of writing, markets are p...