Bitcoin today (July 3, 2026) is trying to break out of its prolonged decline and is trading around $61,500. After a disastrous June, when large funds were massively selling off coins, the market finally breathed a sigh of relief. The main boost came from the US: fresh economic data was released there, which showed that the job situation is not very good. For crypto, this is a good sign, as investors now expect US authorities to start lowering interest rates and "cheap" money will flow back into the economy. Bitcoin has now found solid ground near the $60,000 mark. Historically, July has almost always been a successful month for cryptocurrencies, so traders are cautiously buying in hopes of a full-fledged summer rally.#btc

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned