Bitcoin falls below $80,000 as US jobless claims hit 57-year low
AI summary
Bitcoin dropped back below $80,000 after US jobless claims came in stronger than expected, with layoffs at a 57-year low. The resilient labor data complicates the Federal Reserve's path on interest rates, and traders read the strength as reducing the odds of near-term easing. Crypto markets remain sensitive to rate expectations, so the move reflects macro positioning rather than a crypto-specific catalyst.
