‘Markets find their footing’: Bitcoin holds $61,000 rebound ahead of US Independence Day as soft jobs data eases rate fears
The Block·
60-second summary
Bitcoin holds above $61,000 and ether above $1,700 as soft U.S. jobs data eases Federal Reserve hike bets and spot ETFs snap a 10-day outflow streak. Markets find their footing ahead of US Independence Day celebrations, with investors reassessing inflation concerns and rate hike expectations, potentially paving the way for a sustained cryptocurrency price rebound in the coming weeks.
Bitcoin holds above $61,000 and ether above $1,700 as soft U.S. jobs data eases Fed hike bets and spot ETFs snap a 10-day outflow streak.