Bitcoin Climbs Back Above $61,000 After Liquidation-Driven Slide Tied to Strong U.S. Jobs Print
Bitcoin recovered above $61,000 on Saturday after briefly dipping below $60,000 amid a broad market selloff triggered by stronger-than-expected U.S. nonfarm payrolls. Liquidations across leveraged crypto positions totaled roughly $1.6 billion over 24 hours, with more than $500 million tied to bitcoin and over $400 million to ether. The repricing of…