Americas Crypto Market Recap: Bitcoin Recovers Ahead of US Jobs Report Amid Trump-Musk Dispute

Bitcoin and the broader cryptocurrency market have bounced back from overnight losses, led by monero, XRP, and SUI, as investors await the crucial US nonfarm payrolls report. Analysts believe weak data could support a short-term Bitcoin rebound. However, concerns over the public feud between President Donald Trump and Elon Musk have shaken investor confidence, leading to $830M in liquidations. Meanwhile, Circle's shares surged 168% on their NYSE debut, and the number of large open interest holders of CME bitcoin futures reached an all-time high, signaling increased institutional participation.