Bitcoin fell as low as $59,227 overnight before recovering, steadying after Friday's strong jobs report set off a selloff that sank the Nasdaq 100 about 5% and rattled stocks, bonds and crypto together.

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 price is holding a risky position near $65,000 Wednesday, down roughly 12% over the past seven days and trading at its lowest level since February as