Cryptocurrencies rise; Bitcoin trades above $60,000
Cryptocurrencies rise ahead of the US jobs report, with Bitcoin trading above $60,000.
Cryptocurrencies advanced during Thursday's trading as investors awaited the US jobs report, scheduled for release later today instead of Friday due to the Independence Day holiday. Economists expect a slowdown in hiring and an unchanged unemployment rate.
In a note issued yesterday, Citigroup analysts lowered their 12-month price target for Bitcoin to $82,000 from their previous forecast of $112,000.
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of $4.5 billion in June, marking the largest monthly withdrawal since the funds began trading in January 2024, according to SoSoValue.
|
Selected cryptocurrency prices (USD) |
|||
|
Cryptocurrency |
Price |
Change |
Change (%) |
|
BTC |
60,319.1 |
+210 |
+0.35% |
|
ETH |
1,619.19 |
+1.80 |
+0.11% |
|
XRP |
1.0620 |
+0.004 |
+0.44% |
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