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Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes


On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...

New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode 


In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious....

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