Bitcoin tops $65,000 on Monday, up nearly 3% over the week, ahead of US July inflation data due Wednesday
Bitcoin's rise follows a weak US jobs report last Friday, which eased concerns about the Federal Reserve needing to raise interest rates. Other major cryptocurrencies also saw gains, with Ether up almost 3% on the week to trade near $1,919, and Solana rising nearly 5% over seven days to around $77. XRP was an outlier, slipping 4% on the week to $1.03. Global stocks are trading near record highs, while oil prices rose after Iran rejected talks with the US.
Source:CoinDesk · Source Link
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