Jobs Report

Bitcoin moved back above $61,000 after remarks from Federal Reserve Chair Kevin Warsh suggested inflation risks were easing and reduced pressure for more hawkish policy. The rebound came even as tech shares fell sharply, with South Korea’s Kospi sliding nearly 8% on renewed AI chip demand concerns.

US indices struggle for direction as AI concerns and Fed rate expectations shape the outlook. Key technical levels guide the S&P 500 and NASDAQ 100.

US January nonfarm payrolls preview shows rising downside risks as soft labor data builds. Here’s what it means for the Fed, USD, and Treasury yields.

Bitcoin's price surged to $57,000 following the release of the U.S. jobs report, only to tumble below $54,000 shortly after, marking its lowest level since early August. This sharp drop triggered $50 million in liquidations across crypto markets, with major altcoins like Ether (ETH) and Ripple's XRP also posting 2%-4% losses.