Bitcoin recovered above $60K after dipping to $57,700, its lowest level this year, as US jobs data missed forecasts by 20K. Fear and Greed Index sits at 11.

Bitcoin kissed $58,800 and bounced. The daily chart is deep in bear territory, and prediction markets are betting on further pain.

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.