A blowout US jobs report crushed Fed rate-cut hopes, sending the Nasdaq down 4.2%, Bitcoin toward $60K, and crypto equities tumbling over 6%.

Wall Street experienced a sharp decline on Friday, led by the Nasdaq's significant fall, as a robust US jobs report fueled concerns about sustained high interest rates from the…

A blowout 172K jobs report — more than double consensus — shattered the AI rally, sending the Nasdaq down 4.2% in its worst session since April 2025 and wiping roughly $1 trillion…