Bitcoin Recovers After Fall Below $60K, Jobs Data is Good, Saylor is BUYING Bitcoin

Crypto majors are green and rebounding from Friday’s selloff; BTC +1.4% at $63.3k; ETH +3% at $1,680; SOL +3% at $66.50; HYPE +5% at $61.55. NEAR (+12%), WLD (+11%), and LIT (+8%) led top movers. Oil +4% at $94; Gold -1% at $4,326. Stock futures are mixed with the DOW flat but Nasdaq up 0.7%. Gold fell below its 200 day moving average for the first time since October 2023. Crypto shorts lost over $500M on Sunday in the worst day for bears since April. JPMorgan analysts said that Bitcoin’s H2 performance is dependent on how Saylor will fund his $1.7B in annual debt obligations. Bybit launched IPO Express and a tokenized SpaceX subscription in partnership with xStocks, allowing users to subscribe to SPCX ahead of the June 12 Nasdaq listing. Powered by https://myriad.markets/markets