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Bitcoin surged past $62,000, up nearly 5% in 24 hours, after US jobs data for June disappointed, signaling potential shifts in inflation outlook.
Bitcoin (BTC) rose above $62,000 for the first time in approximately 10 days, climbing nearly 5% over the past 24 hours, driven by disappointing U.S. jobs data for June [1]. This move signals a potential shift in market sentiment, with investors reacting to macroeconomic indicators that could influence future monetary policy.
| At a glance | |
|---|---|
| Price | $62,000 [1] |
| 24h Change | Up nearly 5% [1] |
| Key Level | Broke above $61,000 [1, 3] |
| Catalyst | Disappointing U.S. jobs data for June [1] |
Bitcoin's intraday rally saw it first break the $59,000 psychological barrier before surging past $61,000 [3]. On Binance's USDT market, BTC briefly touched $59,001.99 in early trading and later reached $61,145.02 [3]. The initial push above $59,000 was attributed to spot buying on major exchanges, with trading volumes initially near the 30-day average [3]. As the day progressed, trading activity increased significantly, with above-average volume supporting the breakout beyond $61,000, which analysts view as lending credibility to the move [3]. Despite the recent gains, Bitcoin's price remains about 13% lower on a month-over-month basis [1]. Open interest in Bitcoin futures also saw a modest increase, indicating fresh capital entering the market [3].
The broader market sentiment for Bitcoin is currently negative (25/100), based on an analysis of 90 news articles over the past seven days [2]. This score, which weights high-impact stories, updates automatically with new headlines [2].
In related market news, Securitize (SECZ), a tokenization specialist, began trading publicly on the NYSE after merging with a Cantor-sponsored SPAC [1]. The stock was up 8% in its opening minutes, with its debut seen as a test for investor interest in pure-play tokenization [1].
The recent surge in Bitcoin's price, fueled by macroeconomic data, highlights the cryptocurrency's sensitivity to traditional financial indicators, even as overall market sentiment remains cautious.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jul 2, 2026 · How we report
Metaplanet is ranked third globally, behind Strategy (MicroStrategy) and Twenty One Capital, according to Bitcoin Magazine.
Comments from Fed Chair Kevin Warsh that inflation risks had eased were followed by Bitcoin climbing above $61,000, a rise of about 4% in 24 hours.
Exponential moving averages, weighted moving averages, MACD, and the Directional Movement Index all remain short‑biased, indicating continued downward momentum.