Bitcoin falls below $80,000 as hot US payrolls revive Fed hike risk
macro
Bitcoin fell below $80,000 after stronger-than-expected US payrolls data renewed fears the Federal Reserve will tighten policy further. The hot jobs report triggered risk-off flows, lifting Treasury yields and the dollar while prompting selling in crypto markets. The move underscores Bitcoin’s sensitivity to macro-driven rate-hike risk and its correlation with higher-yield, risk-asset repricing. Absent clear signs of slowing labor or inflation, Bitcoin faces near-term downside pressure and elevated volatility.
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