Bitcoin Slides to Sixty-Nine Thousand as Jobs Data Shocks Markets episode artwork

EPISODE · Mar 6, 2026 · 2 MIN

Bitcoin Slides to Sixty-Nine Thousand as Jobs Data Shocks Markets

from Stock Market Today

Markets absorbed a brutal Friday session as US employers unexpectedly shed ninety-two thousand jobs in February, pushing unemployment to four point four percent and reigniting rate cut speculation. Bitcoin retreated to sixty-nine thousand dollars after testing seventy-four thousand mid-week, while crude oil surged past eighty-six dollars per barrel on Iran tensions. Spot Bitcoin ETFs logged two hundred twenty-eight million in outflows Thursday, ending a three-day inflow streak. Meanwhile, regulatory clarity emerged as federal banking agencies confirmed tokenized securities face identical capital treatment, Strike secured New York's BitLicense, and Kraken gained limited Fed master account access. The SEC settled with Justin Sun for ten million dollars. Plus: Kazakhstan's central bank plans three hundred fifty million in digital asset exposure, Core Scientific closes up to one billion from Morgan Stanley for AI infrastructure, and analysts debate whether altcoin season is finished.

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Bitcoin Slides to Sixty-Nine Thousand as Jobs Data Shocks Markets

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