U.S. Adds 115K Jobs in April but BTC Drops Below $80K as Iran Strikes Spark Risk-Off Selloff!

The U.S. economy added 115,000 jobs in April — nearly double the 62,000 economists expected, though down from a revised 185,000 in March. The unemployment rate held at 4.3%. The stronger-than-expected print arrives as the Fed holds its benchmark rate at 3.50%-3.75% and awaits a leadership transition, with Kevin Warsh expected to replace Jerome Powell as chairman later this month.

Despite the headline beat, crypto markets took a sharp hit. Bitcoin fell below $80,000 after U.S. airstrikes in Iran briefly pushed oil above $100 a barrel, triggering a broad risk-off move. Futures open interest dropped 1.5%, nearly $300 million in liquidations were recorded, and options flow rotated toward protective BTC puts — a clear shift in trader positioning.

Elevated oil prices compound the macro pressure: higher crude feeds into headline inflation while squeezing consumer spending, leaving the…