Bitcoin holds above $61,000 as soft US jobs data eases rate-hike fears

Bitcoin held above $61,000 and ether above $1,700 as weaker-than-expected US jobs data reduced fears of further Federal Reserve rate hikes. Spot Bitcoin ETFs snapped a 10-day outflow streak, signalling renewed investor confidence. The recovery came ahead of the US Independence Day holiday weekend.

More on this topic

🪙 Crypto Bitcoin Nears $65,000 After U.S. June CPI Cools Fed Rate-Hike Bets CoinDesk · 10d ago 🪙 Crypto Bitcoin drops 2% as traders price in July Fed rate hike ahead of inflation data CoinDesk · 11d ago 🪙 Crypto Fed holds rates at 3.50–3.75%; expert says crypto sentiment driven by other factors BitHub.pl · 14d ago

More on this topic

🪙 Crypto Bitcoin Nears $65,000 After U.S. June CPI Cools Fed Rate-Hike Bets CoinDesk · 10d ago 🪙 Crypto Bitcoin drops 2% as traders price in July Fed rate hike ahead of inflation data CoinDesk · 11d ago 🪙 Crypto Fed holds rates at 3.50–3.75%; expert says crypto sentiment driven by other factors BitHub.pl · 14d ago