๐ Bitcoin Hits $62,600 and Ethereum Jumps 3.5% as Weak Jobs Data Cools Rate-Hike Fears
Bitcoin climbed to $62,612 (+1.83%) and Ethereum rallied to $1,757 (+3.53%) after a softer-than-expected U.S. jobs report eased fears of another Fed rate hike, triggering a crypto relief rally. The bounce follows Bitcoin's worst June in four years and Ethereum's third consecutive losing quarter โ down roughly 25% in Q2 alone. Despite the green candles, the Fear & Greed Index is still sitting at 12 (Extreme Fear). Is this a genuine floor or just a dead-cat bounce? Not financial advice.
