Bitcoin price slips below $80K as jobs data lifts hike bets

Bitcoin slipped below $80,000 after US jobs data came in stronger than expected, lifting market bets on additional Fed rate hikes. The firmer payrolls reading pushed investors toward risk-off positioning, putting downward pressure on risk assets including BTC. The key implication is that higher-rate expectations are a near-term headwind for Bitcoin, likely increasing volatility and making a sustained price rally contingent on clearer inflation and Fed guidance.