Following the release of disappointing US jobs data, investors are showing renewed interest in Bitcoin and gold. This shift in capital allocation comes as fears of imminent rate hikes have been tempered. As a result, Bitcoin bulls are eyeing a potential push towards the $70,000 mark, with optimism prevailing in the market. The recent situation has underscored the growing appeal of cryptocurrencies like Bitcoin as alternative investment assets. With this development, Bitcoin's price trajectory remains upward, and the cryptocurrency market is likely to see increased activity in the coming days.