Gold miners and bitcoin stocks fall on strong jobs data

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Strong US jobs data triggered a sell-off in gold miner equities and bitcoin-linked stocks as markets repriced expectations toward tighter Fed policy and a stronger dollar. The reaction reflects reduced demand for inflation hedges and risk assets amid rising yields. For Bitcoin, this points to near-term downside pressure and elevated volatility if labor-market strength sustains higher-for-longer rate expectations.

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https://news.google.com/rss/articles/CBMisgFBVV95cUxPak9vZlE5VDdQMTk0TGN0a3NPdmZJLUZYQV90THhVVUVFeFBiWDRoNVFnc014VjJkR0xPc1psZkFlUC1uNzNVbWF4Z3B6MlNMeGR6VFZ5bVdkMEJqLWdSNk9OcXdrR1Z6ejFpWWJmNW8yVzVLcFFLRzkwZldMTFNHdFFzQUgycmFpbU52Qm1lNkM5dURLYWRfcUp2c3U3ZkU3dHRDSGI3R3F2cTJLWF9ZWTB3?oc=5

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