Bitcoin Price Dips Below $65K Amid Strong US Jobs Data

Bitcoin's price slipped below $65,000 on Thursday after stronger-than-expected US jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated.

The initial unemployment claims reached 199,000, lower than the forecasted 204,000. This has led to speculation about the Fed's next move and its potential impact on Bitcoin's price.

Bitcoin's price was at $64,384.27 at press time, marking a 0.69% decline over the previous 24 hours. The pullback followed an unsuccessful attempt to break through the $64,800, $65,000 resistance zone.