CoinDesk·4 min read·medium
Bitcoin jumps above $63,000, reversing end-June losses
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Shaurya Malwa
✦AI Summary
Bitcoin prices have rebounded above $63,000 following a period of volatility, supported by positive macroeconomic indicators and a cooling inflation outlook. Other major cryptocurrencies like XRP and Ether also saw gains as market liquidity remained thin during the U.S. holiday.
XRP led the day's majors, up 5.3% to $1.18 and nearly 10% on the week, a move that lifted it past the USDC stablecoin to fifth place by market value at about $73 billion.
businesscryptoeconomy
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