Bitcoin ( BTC-USD ) fell to its lowest level since late November, as negative sentiment persisted, across the broader market after a hotter than expected jobs report on Friday. The cryptocurrency fell 3.3% to $91.1K as at 6:44 am ET. The fall comes on a day when other risk assets have also come under pressure, including the U.S. stock index futures. "Bitcoin’s continued declines come amidst a lack of catalytic factors, in addition to a climate of low-risk appetite. The weak appeal of risk assets is causing the stock market to continue to decline, which in turn is driving the overall trends of the cryptocurrency market," Samer Hasn, Senior Market Analyst at XS.com, said. The latest jobs report, that landed on Friday, came in hotter than expected and further supported a case for fewer Federal Reserve interest rate cuts. The U.S. Bureau of Labor Statistics reported 256K nonfarm payroll additions to the economy in December 2024, easily outstripping the consensus of +157K. Meanwhile, the unemployment rate ticked down to 4.1%, coming in lower than the expected figure of 4.2% The blowout report also prompted Goldman Sachs to predict only two more interest rate cuts this year. Bank of America went one step further and said it sees no more rate cuts at all, adding that there appeared to be greater risks toward policymakers now raising rates. So far into the new year, Bitcoin ( BTC-USD ) seemed to take a breather, and has only hit the $100K mark twice. Crypto-linked stocks moves: MARA ( MARA ) -4.5% , Riot Platforms ( RIOT ) -5% , MicroStrategy ( MSTR ) -5% , HIVE Digital ( HIVE ) -3.3% , CleanSpark ( CLSK ) -4.9% , Bit Digital ( BTBT ) -7.7% , Bitfarms ( BITF ) -6.2% , Coinbase Global ( COIN ) -4.5% . More on Bitcoin Bitcoin: Torn Between Bull Runs And Bear Plunges, Extreme Volatility Ahead Bitcoin: 2025 Will Be A Pivotal Year - Why You Should Be In A Call To Be Cautiously Bullish In 2025: Key Concerns Around Bitcoin's Emerging Reversal Pattern Bitcoin set to fall on weekly basis, slides further from $100K Bitcoin selloff deepens, wiping out early-2025 advance