Bitcoin Climbs 2% While Analysts Remain Wary of US Inflation Report
Bitcoin traded up 1.8% at $54,440 on Monday morning during European trading hours, rebounding from a weekend slide. The dip appeared to have been set off by Friday's disappointing U.S. jobs report, however, analysts are wary of significant outflows from spot ETFs and upcoming economic data releases that could impact market direction. The world's leading cryptocurrency showed a modest recovery following a weekend dip to $53,636, according to CoinGecko data. However, this uptick comes against a ba...