Bitcoin trades above $61,000, rebounding with equities after weak US jobs report

Friday's U.S. jobs report revealed that employers added 175,000 jobs last month, falling short of economists' expectations for a 243,000 increase. Additionally, wages rose by 3.9% in the 12 months through April, below the anticipated 4.0% gain following a 4.1% increase in March. According to Charles Schwab UK Managing Director Richard Flynn, the weaker-than-expected U.S. jobs report could place pressure on the Federal Reserve to cut rates sooner this year. "In recent months, it has become clear that the Fed …