0203 GMT - Bitcoin gains in early Asian trade. The gains follow after last week's cooler-than-expected U.S. nonfarm payrolls report, which eased fears about Fed rate hikes, says IG market analyst Tony Sycamore in a note. Expectations of higher-for-longer U.S. interest rates had been weighing on the appetite for bitcoin. "All of a sudden, the headwinds have begun to ease, and as a result we look for Bitcoin to extend its gains toward the $65,000-$67,000 resistance area," he says. Bitcoin is up 1.4% at $63,567.48.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
July 05, 2026 22:03 ET (02:03 GMT)
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