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Bitcoin touches $64,000 on soft US jobs data, market cap rises to $1.26 trillion

Bitcoin touches $64,000 on soft US jobs data, market cap rises to $1.26 trillion
World's largest cryptocurrency Bitcoin experienced a 1.5% increase, reaching $64,340 on Monday, whereas the second-largest digital token, Ethereum, saw a 3% rise, reaching $3,184.

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Bitcoin reached a new high of $64,340 on Monday, with its market cap rising to $1.265 trillion. This increase of 1.5% was part of a broader rally in major cryptocurrencies, including Ethereum, which saw a 3% rise to $3,184. The surge in prices came after the release of softer-than-expected US jobs data, leading to renewed expectations that the Federal Reserve may ease rates in the near future. This news has sparked optimism in the cryptocurrency market, with investors closely watching for further developments.

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