#bitcoin #BTC $BTC Bitcoin (BTC) faced decline after the publication of the U.S. employment data
The U.S. Labor Department reported that the unemployment rate increased to 4.0% for the first time since January 2022.
Non-farm payrolls (NFPs) increased by 272,000 jobs in May, surpassing economists' expectations.
The price of bitcoin (BTC) fell sharply from a two-month high of approximately $72,000 to $70,900, down 0.5% over the past 24 hours.
The 10-year Treasury yield rose 12 basis points to 4.42%.
U.S. stock index futures pointed to a lower open.
The U.S. dollar surged 0.5% and gold tumbled more than 2%.
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