Source: CoinDesk
“Bitcoin’s (BTC) price recovery has gathered traction in the lead up to Friday’s U.S. jobs report. The leading cryptocurrency by market value rose to $113,000, its highest level since Aug. 28, and recorded its first higher high since the mid August all time peak of $124,000, according to CoinDesk data. … Bitcoin’s market dominance, representing its share of the total crypto market, also climbed to a two week high of nearly 59%, up from a low of 57.5%. It points to renewed capital inflows into bitcoin, a shift from recent market dynamics characterized by whales rotating out of BTC and into ether.” (09/05/25)