Bitcoin Steady as Stocks Rally After Upbeat Jobs Report

Key Points

1. The U.S. economy added 147,000 jobs in June, exceeding forecasts of 110,000, and unemployment fell to 4.1% from 4.2% in May.

2. The S&P 500, Nasdaq, and Dow rose by 0.76%, 0.89%, and 0.77% respectively, while Bitcoin stayed steady around $109K, briefly touching $110K.

3. Bitcoin's 24-hour trading range was $108,605.80 to $110,541.46, with a slight 0.05% increase to $109,606.88 at the time of reporting.

4. Trading volume for Bitcoin increased by 10% to $55.86 billion, and its market capitalization rose 2.54% to $2.3 trillion.

5. Liquidations in the crypto market totaled $63.17 million, with $48.25 million from short positions and $14.92 million from long positions.