The job market remains hot with almost two jobs available for every person seeking employment. (CoinDesk/Helene Braun)
U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K
The strong print likely advances the case for the Fed to continue its string of rate hikes at its upcoming June meeting.
The job market remains hot with almost two jobs available for every person seeking employment. (CoinDesk/Helene Braun)

TradingView
First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report
The latest price moves in crypto markets in context for June 2, 2023.
TradingView

mining rigs
Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport
Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.
mining rigs

(CoinDesk Indexes)
First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.
(CoinDesk Indexes)

Markets Daily Podcast Cover
Crypto Update | Markets Are Mixed As the Current Debt Ceiling Resolution Bill Could Be a ‘Double Whammy’ for Liquidity
Market participants are closely watching the progress towards a multi-year suspension of the US debt ceiling, a deal that has both Democratic and Republican members celebrating.
Markets Daily Podcast Cover

Bitcoin price one month. (CoinDesk)
Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns
BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.
Bitcoin price one month. (CoinDesk)

CD
Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity
LTC has outperformed both bitcoin and ether over the last 30 days.
CD

Keiron Crasktellanos (Unsplash)
On Heels of First Losing Month of 2023, Bitcoin and Ether Flash Differing Signals
While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.
Keiron Crasktellanos (Unsplash)

CD
First Mover Americas: Bitcoin Begins June Dropping Back Below $27K
The latest price moves in crypto markets in context for June 1, 2023.
CD

(CoinDesk)
First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten
ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?
(CoinDesk)