Bitcoin is now facing another headwind — the prospect of higher interest rates.

Bitcoin is now facing another headwind — the prospect of higher interest rates.

Traders bet the Fed will have to raise rates by December

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.

The May 2026 jobs report doubled forecasts with 172,000 new positions, shifting Fed rate expectations and creating headwinds for crypto markets.

The US added 172,000 jobs in May, doubling estimates. Bitcoin dropped to $61,900 as traders repriced Fed rate-cut expectations on strong labor data.

The US added 172,000 jobs in May 2026, doubling forecasts. Bitcoin fell below $62K as the strong report fueled expectations for Fed rate hikes later this

The US added 172,000 jobs in May, nearly doubling forecasts. Here's what the strong labor market means for Fed rate cuts and crypto investors.

The US economy added 172,000 jobs in May, doubling expectations. Bitcoin dipped to $62K as strong labor data dims hopes for Fed rate cuts.

The US economy added 172,000 jobs in May, doubling expectations. The Fed held rates at 3.5%-3.75%, raising the odds of future hikes and pressuring crypto.

US stocks plunged as May's 172,000 job gains doubled expectations, sending the Nasdaq down 4%, Treasury yields to yearly highs, and Bitcoin below $62K.

May 2026 jobs report crushed estimates with 172,000 new payrolls, pushing Fed rate hike odds to 70% and sending the Nasdaq down 4% as crypto faces

The US added 172,000 jobs in May, double expectations, but long-term unemployment rose and Bitcoin fell toward $62,000 as rate cut hopes faded.

May's 172,000 jobs surprise doubled forecasts, pushing Fed rate hike odds to 68% by December 2026 and wiping $390B from crypto markets.