Bitcoin Briefly Touches $92,000 Before Plunging Back Below $87,000

Bitcoin experienced a dramatic price swing on Thursday, plunging to its lowest point since February after experiencing an unexpected surge. The cryptocurrency initially jumped above $92,000 following strong tech earnings and US jobs data but then swiftly dropped to $86,610. After a brief stabilization, Bitcoin briefly surpassed the $87,000 mark before further declines brought it back below the key level. Analysts attribute this volatility to increased market uncertainty surrounding global economic conditions.