U.S. Jobs Report: Nonfarm Payrolls Fall by 23K, Bitcoin Rises

The U.S. jobs report showed nonfarm payrolls fell by 23,000 last month, signaling continued labor market weakness. In response, Bitcoin climbed above $65,000, as softer macro data often boosts demand for alternative assets. The report underscores the connection between economic indicators and cryptocurrency prices, with investors viewing Bitcoin as a hedge against economic uncertainty.