Bitcoin slid 2.85% to about 61,500 on Tuesday as its weekend bounce unwound, falling in lockstep with gold and tech stocks while traders braced for Wednesday's inflation report.

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.

Bitcoin rose about 2% to near $63,000 on Monday in an oversold bounce, after a brutal week that dragged it below $60,000 and wiped roughly $390 billion off the crypto market.