Bitcoin price taps new July high above $62K on weak US jobs data
Bitcoin took daily gains to nearly 4% on the second day of "green July" as US labor-market signals supported an easing inflation policy from the Federal Reserve.
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Read full articleBitcoin took daily gains to nearly 4% on the second day of "green July" as US labor-market signals supported an easing inflation policy from the Federal Reserve.
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Bitcoin has climbed more than 4% to briefly reclaim $62,000 after a weaker-than-expected U.S. jobs report reduced market expectations for another Federal Reserve rate hike this year. According to the U.S. Bureau of Labor Statistics, the U.S. economy added 57,000…