In today’s briefing:
- 57K Jobs. Crypto’s Comeback Week?
57K Jobs. Crypto’s Comeback Week?
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Bitcoin rebounded to roughly $62,600-$63,000, up 4.5% on the week, after touching a 21-month low near $58,000 on Wednesday.
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June nonfarm payrolls printed just +57,000 versus 115,000 expected, closing the door on a near-term rate hike and reviving cut odds.
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US spot Bitcoin ETFs snapped a 10-day, $2.73 billion outflow streak with a $221.7 million inflow, and Ethereum ETFs turned positive after nine straight outflows.
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