Bitcoin slides to $59,911 as rate fears rise and Strategy watch intensifies

Bitcoin fell below $60,000 on Friday, hovering around $59,911, down about 6% on the day and 18.7% over the week. Ethereum dropped 23% to roughly $1,555 and Solana fell 22% to about $63.75 as stronger U.S. May jobs data lifted Treasury yields and rate-hike odds, while traders also focused on Strategy's next Bitcoin move.