Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin price craters to $60,000 as BTC bulls get jobs report they were hoping to avoid

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

CryptoSlateCryptoSlate2026/06/05 16:48
By:CryptoSlate

The May payrolls beat was hawkish enough to pressure crypto, while government hiring and cooler yearly wage growth keep the second interpretation from being one-way.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Lifelong Scars: Goldman Sachs finds that workers replaced by AI often struggle to find new jobs and frequently become targets in AI’s next wave

AI layoffs are spreading across the entire industry! Goldman Sachs warns that those who are eliminated are falling into a "trap from the moment of employment": not only is finding another job difficult, but 75% will again be within AI's replacement range. Even more dangerous is that if the economy declines, tens of millions of accumulated AI layoffs could erupt all at once, meaning the real unemployment storm is only just beginning.

华尔街见闻•2026/11/01 07:41
Lifelong Scars: Goldman Sachs finds that workers replaced by AI often struggle to find new jobs and frequently become targets in AI’s next wave