BUSINESSTHE RIO TIMES
Bitcoin Climbs Back Above 60,000 as the Chip-Stock Trade Cracks
Bitcoin rose 1.28% to about 60,729 on July 1, reclaiming 60,000 for three consecutive days due to softer Federal Reserve comments, while chip stocks that had previously drawn funds from cryptocurrency markets declined.
Related Signal
Adjacent reporting
- Bitcoin Bounces but Stays Below 60,000 as Fund Outflows Keep the Pressure On
- Bitcoin Holds Below 60,000 as Ether and Solana Pull Away
- Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink
- Morning Minute: Bitcoin Recovers After Fall Below $60k
- Ark Invest loads up on Coinbase, Circle, Bullish, Robinhood shares as stocks rally higher