Bitcoin slips further after strong U.S. jobs report; Zcash extends slump past 40%

Bitcoin fell further after a stronger-than-expected U.S. jobs report, while Zcash (ZEC) extended losses to more than 40%. The U.S. added 172,000 jobs in May versus forecasts for 85,000, and April payrolls were revised up to 179,000 from 115,000, according to CoinDesk, while the unemployment rate held at 4.3%. Bitcoin dipped to about $61,800. ZEC was down about 42% over 24 hours after Shielded Labs disclosed a critical vulnerability in Zcash’s Orchard privacy pool that could have enabled undetected creation of unlimited counterfeit tokens, CoinDesk reported.