Bitcoin (BTC) remains stagnant below $100,000 ahead of the U.S. jobs report, despite an endorsement for BTC from Eric Trump. The crypto market's lack of movement suggests that endorsements no longer significantly influence prices. There are speculations that market caution prior to the nonfarm payroll data is tempering any potential gains. If the jobs report shows weaker figures, it may lead to a breakout, impacting Treasury yields and the dollar negatively. A rise in implied volatility indicates traders are preparing for possible price fluctuations. Additionally, regulatory discussions around stablecoins and a proposed Strategic Bitcoin Reserve in Utah are noteworthy. Other developments include a significant trading volume for Berachain's BERA token and various upcoming earnings reports. Currently, BTC is priced at $97,686.16, while ETH is at $2,757.18. With the combined market capitalization of USDT and USDC approaching $200 billion, there is a notable influx of capital into the crypto space.

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