Bitcoin price consolidated above $60,000 following today's US labor market report. 📈 Following the release of the US jobs report, Bitcoin (BTC) gained more than 4 percent in value and is heading towards the $ 62,000 level, according to CoinMarketCap data. CryptoQuant CEO Ki Young Ju said Bitcoin whales accumulated 47,000 BTC while waiting for the Fed report. Macroeconomic data has shifted expectations about the trajectory of the Fed's 2024 key rate. Bloomberg analysts noted that the key report for investors will be on consumer price dynamics on May 15. Following the publication of the US labor market report, risk appetite increased in global markets. The cryptocurrency fear and greed index has moved from the fear zone to the neutral zone. Recently, the price of BTC dropped below $60,000. Along with this decline, Santiment analysts noted that published data in the US caused an increase in discussions involving the#buythediphashtag and BTC betting. According to analysts, this increase in sentiment indicates a repolarization among traders. Some favor a buying opportunity, while others prefer to remain cautious.