Bitcoin & United States — United States Department of Labor

Bitcoin: Bitcoin dropped 4.1%, contributing to the decline of cryptocurrency firms like Coinbase and MicroStrategy.

United States — United States Department of Labor: The United States — United States Department of Labor reported stronger-than-expected job gains in May, which, while indicating economic health, fueled fears of Fed rate hikes and contributed to the market sell-off.

Bitcoin: Bitcoin was used as the extortion currency, but the event has minimal direct impact on its market.

United States — United States Department of Labor: The Labor Department was a previous target of the hacking campaign, underscoring the breadth of the attacks on U.S. government agencies.

Bitcoin: Bitcoin>>> was down as an upcoming IPO drove rotation out of cryptocurrencies.

United States — United States Department of Labor: The United States — United States Department of Labor reported accelerating US consumer inflation in April, with rising food prices, rental costs, and airfares, indicating economic strain on Americans.

Bitcoin: Bitcoin>>> edged up slightly, showing minor movement amidst the broader market reactions to geopolitical news.

United States — United States Department of Labor: The United States — United States Department of Labor reported accelerating US consumer inflation in April, with rising food prices, rental costs, and airfares, indicating economic strain on Americans.