Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Ripple vs SEC Case Hit with Setback as Judge Rejects Bid to Lift Injunction
    NewsCrypto

    Ripple vs SEC Case Hit with Setback as Judge Rejects Bid to Lift Injunction

    Following the latest development in the Ripple vs SEC case, U.S. District…

    By
    Jane Omada Apeh
    June 27, 2025
    troller cat presale
    CryptoMarketNewsSponsored Article
    Dogwifhat’s Echo Is Fading – Troller Cat’s 1341.10% Signal Is Getting Louder
    June 26, 2025
    image 26 Haz 2025 19 47 18
    CryptoMarketNews
    POPCAT and CRV Investors on Alert Ahead of Key PCE Data
    June 26, 2025
    best cryptos to stake, Troller Cat presale
    CryptoMarketNewsSponsored Article
    14X Gains in Sight: Troller Cat May Transform $25K Into $360K as Pepe Jumps and Bonk Dips: Best Cryptos To Stake
    June 26, 2025
    Cardano Price Prediction July 2025
    NewsCryptoMarket
    How cbADA Launch Boosts Cardano’s DeFi Ambitions and Price Outlook
    June 26, 2025
  • Cryptocurrency
    Ripple vs SEC Case Hit with Setback as Judge Rejects Bid to Lift Injunction
    Ripple vs SEC Case Hit with Setback as Judge Rejects Bid to Lift Injunction
    7 Min Read
    troller cat presale
    Dogwifhat’s Echo Is Fading – Troller Cat’s 1341.10% Signal Is Getting Louder
    8 Min Read
    image 26 Haz 2025 19 47 18
    POPCAT and CRV Investors on Alert Ahead of Key PCE Data
    4 Min Read
    best cryptos to stake, Troller Cat presale
    14X Gains in Sight: Troller Cat May Transform $25K Into $360K as Pepe Jumps and Bonk Dips: Best Cryptos To Stake
    8 Min Read
    Cardano Price Prediction July 2025
    How cbADA Launch Boosts Cardano’s DeFi Ambitions and Price Outlook
    6 Min Read
    Kraken’s MiCA Milestone: Could This Be the Blueprint for Crypto IPO Success?
    Kraken’s MiCA Milestone: Could This Be the Blueprint for Crypto IPO Success?
    7 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Bitcoin > Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes
NewsBitcoinBlockchainCryptoMarket

Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes

Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes
Jane Omada Apeh
Last updated: June 5, 2025 9:05 am
By
Jane Omada Apeh
Published June 5, 2025
7 Min Read
Share

Bitcoin’s all-time highs could be derailed or accelerated, depending on the US jobs report. Analysts say BTC is on the cusp of a breakout, but macro uncertainty remains. After a strong May, Bitcoin is consolidating around $104,000 after pulling back from nearly $112,000. While institutional interest and spot ETF inflows are strong, the next big upside may depend on one macro trigger which is the June 6 US jobs report.

Contents
Bitcoin Below May High, But Sentiment RemainsAll Eyes on June 6: How the US Jobs Report Affects BitcoinETF Inflows and Institutional Demand is the FloorTechnical Levels: $100K Floor and $115K CeilingReal Vision: Bitcoin’s Q2 Surge Still in PlayConclusion: One Report, One Direction?FAQsWhy is the US jobs report important for Bitcoin?What if the jobs data is better than expected?How much ETF flow did Bitcoin see in May?Can Bitcoin go below $100K?What’s the target if conditions align?GlossarySources

Bitfinex analysts say a weak print could push Bitcoin above $115,000 by July. But if the numbers move against the anticipated sentiment, rate cut hopes may fade and so might Bitcoin’s momentum.

Bitcoin Below May High, But Sentiment Remains

Bitcoin hit $111,970 on May 22 after $5.2 billion flowed into spot ETFs across the month, according to Farside Investors. Since then, it’s pulled back to around $104,000. The correction has raised questions if the bullish momentum is already running out of steam.

Despite the pullback, sentiment is still good. The Crypto Fear and Greed Index is at 55, still in “Greed” and indicating confidence in further gains hasn’t faded. Bitfinex analysts said the correction “has caused some concern,” but as long as macro conditions are good, investor optimism is still intact.

US Job Data
US Job Data and Fed Rate

All Eyes on June 6: How the US Jobs Report Affects Bitcoin

The US jobs report has become an unlikely but crucial driver of crypto price action. A weak jobs number would fuel disinflation expectations and give the Fed more room to cut rates. That would weaken the US dollar and boost appetite for risk-on assets like Bitcoin.

“If the report comes in weak, we could see BTC test $115,000 or more by early July,” said Bitfinex analysts, citing continued ETF demand and institutional inflows as additional tailwinds.

On the other hand, a strong jobs report would confirm the Fed’s view of holding rates higher for longer. In that case, analysts warn Bitcoin could drop to $102,000 or even below $100,000. Bitfinex predicts a lower support zone between $95,000 and $97,000 where some accumulation may occur.

ETF Inflows and Institutional Demand is the Floor

The $5.24 billion in ETF inflows across May is still a long term support. BlackRock, Fidelity and other institutional players are now directly connected to daily Bitcoin market flows through their products, so bulls have some comfort.

“Bitcoin ETFs have changed the market structure,” said independent analyst Lauren Marks. “There’s now a floor of demand that didn’t exist before. If macro conditions line up we’re looking at a whole different ceiling.”

With the halving behind and miners adjusting to lower rewards, any reduction in sell pressure with stable or growing demand could squeeze supply, setting up a breakout if rate conditions improve.

Technical Levels: $100K Floor and $115K Ceiling

On the charts, the immediate support is at $102,000 with $100,000 being a big psychological level. Below that and the market could see more losses but analysts think the $95,000 to $97,000 range could be a strong buy zone.

Upside targets are at $110,000 and $115,000 if ETF flows continue and macro headwinds dissipate. Short term volatility will be around the US jobs report but longer term indicators are showing a battle between bulls who think the Fed will cut rates and bears who think the economy will be resilient.

Real Vision: Bitcoin’s Q2 Surge Still in Play

Some analysts like Real Vision’s Jamie Coutts think Bitcoin could still break to new all-time highs before the end of Q2. Speaking in March, Coutts said the market “may be underestimating how quickly Bitcoin can move” citing macro liquidity trends and capital rotation into hard assets.

US Job Data and Fed Rate
US Job Data and Fed Rate

With just weeks left in the quarter, BTC’s path to $115,000 might still be possible especially if the June US jobs report confirms slowing labor momentum and revives rate cut bets. But even bullish analysts warn nothing is guaranteed in this macro environment.

Conclusion: One Report, One Direction?

Bitcoin’s direction into July may be decided not on-chain but in Washington. The June 6 US jobs report will determine if rate cuts are a summer story or a Q4 discussion. For Bitcoin traders, this is not just economic data but directional fuel.

The trend is supported by ETF flows, institutional demand and sentiment. However, macro headwinds like a hawkish Fed or hot economic reports can cap the rally in the short term.

FAQs

Why is the US jobs report important for Bitcoin?

It impacts the Federal Reserve’s interest rate outlook. A bad report could boost rate cut expectations and be good for risk assets like Bitcoin.

What if the jobs data is better than expected?

A strong labor market could delay rate cuts, strengthen the dollar and put pressure on Bitcoin’s price.

How much ETF flow did Bitcoin see in May?

Bitcoin spot ETFs saw around $5.24 billion in inflows which helped it rally to $112,000.

Can Bitcoin go below $100K?

Yes. If macro gets tight, analysts say Bitcoin could test levels as low as $95,000.

What’s the target if conditions align?

Bitfinex analysts think Bitcoin could reach or go above $115,000 by early July in a bull scenario.

Glossary

ETF (Exchange-Traded Fund): A type of investment fund traded on stock exchanges, holding assets such as stocks or cryptocurrencies.

Federal Reserve (Fed): The central banking system of the US, which sets interest rates and monetary policy.

Disinflation: A slowdown in inflation, often seen as easing economic pressure.

Fear and Greed Index: A metric that measures investor sentiment in the crypto market, from extreme fear to extreme greed.

Institutional Demand: Interest in crypto from large entities like hedge funds, banks or asset managers, typically through ETFs or OTC desks.

Sources

CoinMarketCap

Cointelegraph

Alternative.me

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Trump–Xi Phone Call Eases Trade War Tensions: Crypto Market Watches Closely

Kevin Svenson Warns of Bitcoin’s ‘Most Reliable’ Signal

$768M Bitcoin Mystery: UK Landfill Holding Lost Hard Drive Set to Close

Qubetics’ Top Crypto Presale in Full Swing – Could $TICS Hit New Heights Soon? Explore Avalanche’s Recovery and Polygon’s Innovation

Crypto Services Expand in Hawaii Post Regulation Shift

TAGGED:Bitcoin priceBitcoin price hits 104KBitcoin price prediction 2025ETF inflowsFed Rateinstitutional demandUS Job Data

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByJane Omada Apeh
Follow:
Omada is an experienced crypto journalist delivering in-depth analysis and insights on the ever-evolving world of cryptocurrency and blockchain. Her expertise spans market trends, regulatory developments, and innovative use cases. She is dedicated to providing accurate and engaging content for crypto enthusiasts and newcomers alike.
Previous Article Circle’s NYSE Debut Raises $1B Plus Amid Investor Frenzy Circle’s NYSE Debut Raises $1B Plus Amid Investor Frenzy
Next Article Why BitMine’s $18M Raise Isn’t Just About Mining—It’s About HODLing Why BitMine’s $18M Raise Isn’t Just About Mining, It’s About HODLing
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English