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Bitcoin rebounds above $60,000 amid mixed US jobs data and Fed rate hike uncertainty.

Market News
02 Jul 2026
Forbes
View Source
Neutral
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Bitcoin has recovered to over $60,000 after a sharp drop earlier this year, influenced by mixed US economic data and Federal Reserve policy expectations. The June US jobs report showed weaker job growth but a lower unemployment rate, causing debate over the Fed's next move. Strong wage growth suggests inflation concerns remain, possibly leading to further rate hikes, which could pressure bitcoin. However, some investors anticipate a dovish Fed pivot later this year, potentially boosting bitcoin and other assets like gold. Bitcoin's near-term price will likely depend on upcoming US economic data, Fed actions, and geopolitical events.

More News

LKQ Corporation to release Q2 2026 earnings on July 30 with a management call.

LKQ Corporation to release Q2 2026 earnings on July 30 with a management call.

LKQ Corporation announced it will publish its financial results for the second quarter of 2026 on July 30. The company will host a conference call and webcast with senior management to discuss the results, providing investors an opportunity to hear i...

Company Fundamentals
Neutral
54 minutes ago
First Federal Savings Bank and ICBA share 10 essential financial tips for safe summer travel.

First Federal Savings Bank and ICBA share 10 essential financial tips for safe summer travel.

First Federal Savings Bank and the Independent Community Bankers of America (ICBA) have issued 10 financial safety tips to help travelers manage their money securely during the summer travel season. Key advice includes notifying banks of travel plans...

Market News
Neutral
54 minutes ago
Vivani's subsidiary Cortigent to merge with ClearOne, forming Nasdaq-listed Cortigent Holdings with new ticker CRGT.

Vivani's subsidiary Cortigent to merge with ClearOne, forming Nasdaq-listed Cortigent Holdings with new ticker CRGT.

Vivani Medical's wholly owned subsidiary Cortigent will merge with Nasdaq-listed ClearOne, which will be renamed Cortigent Holdings and trade under the ticker CRGT. Vivani will own a majority stake in the combined company, which will focus on advanci...

Company Fundamentals
Bullish
1 hour ago
YD Bio expands U.S. lab licenses to 46 states, boosting early cancer detection reach.

YD Bio expands U.S. lab licenses to 46 states, boosting early cancer detection reach.

YD Bio Limited's U.S. affiliate, EG BioMed US, has secured clinical lab licenses in Rhode Island and Pennsylvania, expanding its CLIA-certified, CAP-accredited lab's footprint to 46 states plus D.C. and Guam. This expansion enhances patient access to...

Company Fundamentals
Bullish
1 hour ago
Diffusion expands home portfolio with new clients in furniture, lighting, and appliances sectors.

Diffusion expands home portfolio with new clients in furniture, lighting, and appliances sectors.

Diffusion, a global communications agency, is growing its home and interiors portfolio by signing new clients including POVISON (furniture), LUSA Lighting, and Induction Hardware (appliances). The agency will support these premium brands with integra...

Market News
Bullish
3 hours ago
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