Bitcoin fell hard on Thursday following stronger-than-expected U.S. employment data. The latest U.S. initial jobless claims came in lower than forecast, which raised hopes that the Federal Reserve would maintain a higher interest rate for longer. The BTC price dipped to its lowest point of the day at $65,059.59, barely above the $65,000 support level. At press time on July 23, Bitcoin traded at $65,108.24, down 1.02% in the 24-hour timeframe.