
markets·17d ago
Bitcoin Bounces Above $62K as Weak Jobs Data Dents Rate Hike Bets
Bitcoin rose above $62,000 after a disappointing US jobs report lowered expectations for a near-term Fed rate hike.
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Original coverage across the crypto market, updated daily.

Bitcoin rose above $62,000 after a disappointing US jobs report lowered expectations for a near-term Fed rate hike.
Bitcoin jumped nearly $62,000 after weak US jobs data and dovish Fed comments triggered short liquidations.
Gold prices fell to their lowest point of 2026 following a much stronger-than-expected US jobs report, but several banks maintain a positive outlook.
The U.S. dollar hit a two-month high on strong jobs data, pressuring Bitcoin and other risk assets.