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Bitcoin price reaches new July high exceeding $62K after weak US jobs data · Cyprus Report

Economy · World

Bitcoin price reaches new July high exceeding $62K after weak US jobs data

1 sourceFirst reported 19 days agoUpdated 19 days ago

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Bitcoin reached a new July high, surpassing $62,000, following the release of weaker US jobs data.
The price of Bitcoin increased by nearly 4% on July 2, 2026.
Market analysts noted that the labor-market signals indicated a potential easing of inflation policy by the Federal Reserve.
This marks the second consecutive day of rising prices for Bitcoin in July.
Overall, market reactions are being influenced by economic indicators relating to employment and inflation.

Generated by AI from the 1 sources below · always verify with the originals

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Bitcoin price taps new July high above $62K on weak US jobs dataCointelegraph · 19 days ago

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AI summary: catch up in 20 seconds

Bitcoin reached a new July high, surpassing $62,000, following the release of weaker US jobs data.
The price of Bitcoin increased by nearly 4% on July 2, 2026.
Market analysts noted that the labor-market signals indicated a potential easing of inflation policy by the Federal Reserve.
This marks the second consecutive day of rising prices for Bitcoin in July.
Overall, market reactions are being influenced by economic indicators relating to employment and inflation.

Generated by AI from the 1 sources below · always verify with the originals