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Bitcoin Surges Toward $80,000 as Soft Jobs Data Cools Fed Rate Hike Bets

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The Story

News Summary

  • Bitcoin climbed over 5% toward $80,000, driving rallies across crypto-related stocks.
  • The surge was reinforced by cooling Federal Reserve rate hike expectations following higher-than-expected jobless claims and dovish commentary from Fed Governor Christopher Waller.
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BTCUSD price history

76277.65 +10.91% over the displayed period

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