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via CryptoSlate · By CryptoSlate Editorial

Bitcoin price craters to $60,000 as BTC bulls get jobs report they were hoping to avoid

BTC

BTC/USDT

$79,701.93
+0.30%
24h Volume

$6,817,645,771.54

24h H/L

$79,877.07 / $79,378.19

Change: $498.88 (0.63%)

Long/Short
52.7%
Long: 52.7%Short: 47.3%
Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,745.42

0.11%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$82,300.00
Resistance 1$79,916.17
Price$79,745.42
Support 1$79,635.96
Support 2$76,174.33
Support 3$74,131.55
Pivot (PP):$79,916.17
Trend:Sideways
RSI (14):66.6
CE
CryptoSlate Editorial
(03:45 PM UTC)
1 min read
EW
Updated byEmily Watson

Bitcoin fell after the May US labor report gave markets a reason to delay the next Federal Reserve easing trade, turning a stronger jobs number into a tighter-liquidity problem for crypto.

The May Employment Situation report said nonfarm payroll employment rose by 172,000 in May, while the unemployment rate held at 4.3%.

TradingEconomics release-screen data put the gain well above an 85,000…

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CryptoSlate Editorial · CryptoSlate

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