Bitcoin Rises as Soft U.S. Jobs Data Dampen Rate Rise Bets

Dow Jones07-03 14:37

0637 GMT - 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)

(END) Dow Jones Newswires

July 03, 2026 02:37 ET (06:37 GMT)

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Bitcoin is up 0.2% at $61,662 after reaching as high as $62,128 on Thursday, LSEG data show.(renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 03, 2026 02:37 ET (06:37 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2648566956","isCrawlerRequest":true}