Bitcoin Plunges 2.61% Amid Strong Jobs Data and ETF Outflows

A recent decline in Bitcoin's price was triggered by stronger-than-expected US jobs data and net outflows from US spot Bitcoin exchange-traded funds (ETFs). According to InteractiveCrypto, on June 10, 2026, Bitcoin traded at $61,637.46, a 2.61% decrease over the past 24 hours.

The robust labor market data released on June 6, 2026, indicated that 172,000 jobs were added in May, surpassing forecasts and reinforcing the market's expectation of a more restrictive monetary policy from the US Federal Reserve. This macroeconomic signal typically leads to a broad sell-off in risk assets.

US spot Bitcoin ETFs have recorded significant net outflows, including a substantial $3.4 billion over 13 consecutive days earlier this week. Bernstein analysts pointed to corporate treasury companies liquidating their Bitcoin positions as a major contributor to this selling pressure.