Bitcoin Slips Below $80,000 as Strong U.S. Jobs Report Reignites Rate-Hike Concerns
Bitcoin fell back under $80,000 after earlier reaching the low $82,000s, as a stronger-than-expected U.S. jobs report pushed markets to price in a higher probability of a Federal Reserve rate increase. Treasury yields and the dollar rose, weighing on risk assets even as U.S. spot Bitcoin ETFs posted large net inflows and on-chain metrics showed rec…