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The Economic Times
Bitcoin trades near $81K despite strong US jobs data; ETF inflows and CLARITY Act optimism support sentiment
Bitcoin is trading near $81,000 despite the release of stronger-than-expected US jobs data, which typically strengthens the dollar and pressures risk assets. However, the cryptocurrency market has held up, driven by continued inflows into spot Bitcoin ETFs and growing optimism around the proposed CLARITY Act in the US Congress. The CLARITY Act aims to provide a clear regulatory framework for digital assets, which would reduce uncertainty for institutional investors. The resilience of Bitcoin in the face of macroeconomic headwinds signals a shift in market dynamics, with institutional adoption and regulatory clarity acting as counterweights to traditional economic pressures. This development underscores the maturing of crypto as an asset class and its increasing decoupling from conventional macro indicators.
MonitorConfidence: MediumShort term horizon
Published 11 May 2026, 08:48 UTC1 min read
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Summary
TL;DR
- Bitcoin price remains near $81,000 despite strong US jobs report.
- Spot Bitcoin ETF inflows continue to support the market.
- The CLARITY Act, a US bill to clarify crypto regulations, boosts sentiment.
- Strong jobs data typically strengthens USD and weighs on risk assets.
- Bitcoin's resilience suggests growing institutional and regulatory support.
- Market shows signs of decoupling from traditional macro indicators.
Interesting facts
- Bitcoin's stability despite strong employment data indicates reduced sensitivity to Fed rate hike expectations.
- Spot Bitcoin ETF inflows have been a persistent source of demand, even during macro uncertainty.