Bitcoin rises after hitting a one-week high on Thursday following softer-than-forecast U.S. jobs data. Nonfarm payrolls rose 57,000 in June, well below the 115,000 forecast by economists in a WSJ survey, data showed Thursday. The data prompted markets to scale back expectations for interest rate rises by the Federal Reserve, supporting risk sentiment. Bitcoin is up 0.2% at $61,662 after reaching as high as $62,128 on Thursday, LSEG data show.(renae.dyer@wsj.com)
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Bitcoin Rises as Soft U.S. Jobs Data Dampen Rate Rise Bets — Market Talk
Bitcoin rises after hitting a one-week high on Thursday following softer-than-forecast U.S. jobs data. Nonfarm payrolls rose 57,000 in June, well below the 115,000 forecast by economists in a WSJ survey, data showed Thursday. The data prompted markets to scale back expectations for interest rate ri…