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    Bitcoin Climbs Above $61,600 as Weak US Jobs Data Boosts Crypto Investor Sentiment

    12 hours ago

    Bitcoin traded above $61,500 on Friday after softer-than-expected US jobs data improved investor sentiment and reduced expectations of an immediate Federal Reserve rate hike. Major altcoins also advanced, while provisional inflows into US spot Bitcoin ETFs signalled improving institutional participation. Analysts, however, cautioned that rising exchange deposits and thin market liquidity could trigger fresh volatility despite the market’s recovery.
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