Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a ‘Slow Grind Higher,’ Arthur Hayes Says

Bitcoin jumped nearly 5% following soft U.S. jobs data. The dovish Fed meeting results mean the U.S. dollar's surge likely topped, helping cryptocurrencies, Coinbase analysts said.

Cryptocurrencies bounced on Friday led by bitcoin's (BTC) gain, sparking hopes that the worst of the drawdown might be over.

BTC

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