Bitcoin held close to $67,000 after a stronger-than-expected U.S. jobs report, showing little immediate reaction as broader macro forces continue to shape market sentiment.

The U.S. labor market rebounded sharply in March, recovering from February’s weakness. Data from the Bureau of Labor Statistics showed the economy added 178,000 jobs, comfortably beating expectations of 60,000. February’s figures were also revised lower, with job losses now estimated at 133,000 versus the initially reported 92,000 decline.

The unemployment rate edged down to 4.3% from 4.4%, slightly outperforming forecasts.

Despite the upbeat data, bitcoin remained steady in early trading, hovering near the $67,000 level.

In traditional markets, U.S. equity futures were modestly lower, with Nasdaq 100 futures down around 0.2%. Meanwhile, the 10-year Treasury yield climbed four basis points to 4.36%.

Recently, expectations for interest rates have been driven more by geopolitical developments and energy prices than by domestic economic data. A spike in oil prices last week had led markets to price in the possibility of renewed rate hikes by the Federal Reserve.

However, Fed Chair Jerome Powell indicated earlier this week that policymakers are unlikely to react aggressively to short-term oil-driven inflation. While higher crude prices can push headline inflation higher, they can also dampen economic activity, suggesting a more measured policy approach.

Even so, the strength of the latest jobs data underscores the resilience of the U.S. economy, potentially bringing the prospect of rate hikes in 2026 back into focus if momentum continues.