BUSINESSTHE BLOCK
‘Markets find their footing’: Bitcoin holds $61,000 rebound ahead of US Independence Day as soft jobs data eases rate fears
Bitcoin remains above $61,000 and ether above $1,700 as soft U.S. jobs data reduces expectations of Federal Reserve rate hikes. Spot ETFs ended a 10-day outflow streak, contributing to the market rebound.
Related Signal
Adjacent reporting
- Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates
- Live markets: Bitcoin steady above $63,000, BNB, SOL edge higher as AI stocks rebound
- Asian shares rally after Dow hits a record, as some AI shares bounce back
- Wall Street rises toward the finish of its best week in 2 months
- Morning Minute: Bitcoin Recovers After Fall Below $60k
- Bitcoin Pops Off 21-Month Low to $60K as Soft Data Eases Rate-Hike Fears