Bitcoin at $112K, XRP, SOL Steady as Rate Cuts Sentiment Lingers Ahead of Jobs Report

Bitcoin (BTC) steadied near $111,600 on Friday morning, showing relative resilience even as macro jitters pulled global risk assets lower. Ether (ETH) slipped 0.7% to $4,330 while Solana’s SOL (SOL) added 1.3% to trade above $204. XRP (XRP) hovered near $2.81, flat on the day but up 3.5% over the week.The week’s backdrop has been dominated by U.S. labor data and shifting expectations around the Federal Reserve. Friday’s jobs report is widely expected to show unemployment climbing, firming bets on a September rate cut. But traders are no longer expecting an extended easing cycle.“While high unemployment numbers indicated the Fed is likely to cut rates in mid-September, traders now believe that reductions throughout the rest of the year will be…