Bitcoin and ether, the two largest cryptocurrencies by market capitalization, recently rose 3.3% and 6.7%, respectively, over the past 24 hours. On Tuesday, BTC crossed $20,000 for the first time since Oct. 5, while ETH topped $1,500 for the first time since the Sept. 15 Merge, the Ethereum blockchain’s technological overhaul. Whether a new longer-range upturn is afoot or BTC and ETH prices are likely to revert to the mean is still unclear.
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
While the headline 206,000 jobs added topped forecasts, other data suggests some weakness. May's job gain was revised down to...