Bitcoin stabilizes near $66K after dropping from $81K as ADP jobs data offers relief. Fear and Greed Index hits 11. Friday's payrolls report looms large.

Bitcoin stabilizes near $66K after dropping from $81K as ADP jobs data offers relief. Fear and Greed Index hits 11. Friday's payrolls report looms large.

May's 172K jobs report doubled forecasts, sending Bitcoin near $60K and the Fear & Greed Index to 12 as rate-cut hopes evaporate across crypto markets.

Bitcoin fell below $60K on June 5, its weakest level since Oct 2024, as hot jobs data fueled bets on Fed rate hikes, sent the dollar higher.