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Gold falls to two-month low as strong US jobs data boosts rate-hike bets
Spot gold fell roughly 3% to a two-month low after strong US May jobs data boosted Fed rate-hike bets, with potential spillover into Bitcoin and crypto
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cryptobriefing.com
US adds 172,000 jobs in May, unemployment rate holds at 4.3%
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.
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US job market adds 172,000 jobs in May as hiring rebounds, rattling crypto markets
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
