Bitcoin spiked to over $62,000 following the U.S. Labor Department's April jobs report, which showed the economy added 175,000 jobs, below the expected 240,000. The unemployment rate was slightly higher at 3.9% versus the expected 3.8%. The report's mixed results have sparked debate about its implications for Federal Reserve policy and the broader economy, with some analysts suggesting it could lead to inflation without job recovery, while others see it as a bullish sign for Bitcoin and select mining stocks.