The "Digital Gold" Trap (Bitcoin Focus)
Headline: NFP Beats, BTC Bleeds: The Macro Hammer Drops 🔨
The #USNFPBlowout just served a reality check to the crypto markets. With 130k jobs added (smashing the 70k forecast), the "Fed Pivot" narrative just hit a $brick wall.
BTC Price Action: Bitcoin rejected $70k again, sliding toward $67,000 as the DXY (Dollar Index) flexes its muscles.
The Yield Spike: US Treasury yields are climbing, sucking the "risk-on" liquidity right out of the digital asset space.
The Outlook: As long as the labor market stays this hot, the Fed stays hawkish. Watch the $65k support closely.