U S Inflation Data

Bitcoin climbed above $65,000 after a weak U.S. jobs report cooled fears of further Federal Reserve rate hikes. Most major cryptocurrencies traded higher on the week, though XRP lagged as the only large token in the red across both daily and weekly views.

Ether led major cryptocurrencies higher over the past week as bitcoin held above $63,000 and recovered late-June losses. The move came despite a stronger dollar and fading momentum in AI and chip stocks, leaving traders focused on upcoming U.S. inflation data.