June payrolls added just 57,000 jobs as the US labor force shrank by 720,000 workers, sparking renewed Fed debate and pushing Bitcoin toward $62,000.

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.

ADP reports 98,000 private-sector jobs added in June 2026, missing the 113,000 forecast. What the softer labor market data means for Fed policy and crypto.