Why the US Jobs Data Makes a Worrying Case for Bitcoin

Bitcoin faces renewed macro pressure after the latest US jobs report signaled a stronger-than-expected labor market, pushing Treasury yields higher and reducing the likelihood of near-term Federal Reserve rate cuts. The US economy added 130,000 jobs in January, nearly double consensus expectations. At the same time, the unemployment rate fell to 4.3%, showing continued labor market resilience. While strong employment is positive for the broader economy, it complicates the outlook for risk assets like Bitc ...