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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%
$79,701.93
+0.30%
(24s)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
CE
CryptoSlate Editorial(03:45 PM UTC)
1 min read
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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