BREAKING: Bitcoin reclaims $62,000 as June jobs data came in weaker than expected, lowering odds of a Fed rate hike.



Over $69 billion has been added to the crypto market in the last 6 hours.

$BTC is up +3.5%, adding roughly $41 billion to its market cap.

$ETH is up +6.9%, adding roughly $13 billion to its market cap.

$600 million in crypto positions have been liquidated in the past 24 hours.
BTC1.84%
ETH4.79%
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MerkleGarden
· 5h ago
In 24 hours, $600 million in liquidations, short sellers are left in ruins.
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GateUser-2100b43b
· 5h ago
The macro narrative has won again, but don't forget that just a week ago it was struggling at 58000.
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NotificationSoundInMistyValley
· 5h ago
ETH up 6.9% outperforming BTC, altcoin season coming?
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GateUser-a65ee044
· 6h ago
62000 standing firm is a new starting point, waiting for an ATH.
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GateUser-94818fd0
· 7h ago
With no rate hike expected from the Fed, the market got a direct boost; the June employment data became the biggest positive catalyst—this $6.9 billion inflow is coming in far too aggressively.
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