๐ Bitcoin Hits $62K July High as Weak Jobs Data Crushes Rate-Hike Fears
Bitcoin surged nearly 4% to $62,038 on July 2 after the June jobs report showed employers added just 57,000 jobs โ well below the 115,000 economists expected. The weak payrolls miss sent market-implied odds of another Fed rate hike tumbling to 47%, boosting risk assets across the board. Ethereum also climbed alongside BTC on the macro shift. Not financial advice. Will the Green July narrative hold if labor markets firm back up next month?
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