US job openings held steady at 7.6 million in May while payrolls surged 172,000, doubling forecasts. Bitcoin dropped to $61,900 as rate cut hopes faded.

US job openings held steady at 7.6 million in May while payrolls surged 172,000, doubling forecasts. Bitcoin dropped to $61,900 as rate cut hopes faded.

After 5 consecutive months of beats, the May JOLTS report was also very strong, and showed that after some significant weakness in late 2025, US labor market has continued to…