Why a resilient jobs market keeps turning into a Bitcoin sell signal
With layoffs near historic lows and unemployment holding at 4.3%, the odds of a Fed rate cut keep shrinking, and Bitcoin keeps paying the price.
Read macro-driven crypto news linking Bitcoin and digital assets to rates, inflation, liquidity, geopolitics, and global markets.
Bitcoin’s drop below $63,000 shows traders are looking past Hormuz relief and pricing the Fed’s hawkish rate outlook back into risk assets.
Industry advocates say the state is singling out crypto assets while leaving stocks untouched by a comparable transaction tax.
Bitcoin fell with stocks after Fed projections revived rate-hike risk, leaving BTC under pressure near $64,000 as Glassnode data shows a market still repairing beneath the surface.
Brent below $80 removed one pressure point, but BTC still needs rates, ETF flows, and risk appetite to turn.
The MOU may ease immediate oil fears, but sanctions relief, nuclear terms, and durable energy-market normalization remain tied to a 60-day negotiation window.
Bitcoin’s Iran relief rally now faces a BOJ test as Japan weighs a 31-year rate high and a bond-taper twist.