Bitcoin 'Green July' Starts With A Bang As US Jobs Data Sends BTC To $62,000
6 Articles
6 Articles
Bitcoin Jumps Over 4% Past $62,000 After Weak U.S. Jobs Report Dims Rate Hike Odds
Bitcoin broke above $62,000 on Friday, gaining more than 4% after a badly missed U.S. jobs report threw cold water… Read the original on Bitcoin Jumps Over 4% Past $62,000 After Weak U.S. Jobs Report Dims Rate Hike Odds. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin Breaks Above $62K as Weak US Jobs Data Boosts Risk Appetite
Bitcoin pushed through the $62,000 level at the start of Thursday’s Wall Street session, gaining as traders digested softer-than-expected US employment data. The move came alongside renewed optimism that inflation pressures may continue to cool—an outlook that typically supports risk assets, including crypto. According to TradingView data cited in the market coverage, BTC/USD rose to a new July high of $62,137 on Bitstamp, up nearly 4% on the da…
Weak job data handed Bitcoin a lifeline: BTC price reclaims $62K; who else helped?
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Bitcoin surges past $62K as U.S. payroll miss dents Fed rate hike odds
Bitcoin has climbed more than 4% to briefly reclaim $62,000 after a weaker-than-expected U.S. jobs report reduced market expectations for another Federal Reserve rate hike this year. According to the U.S. Bureau of Labor Statistics, the U.S. economy added 57,000…
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