Bitcoin Rallies Then Retreats Amid Rate Hopes | Bitcoin and Crypto News

Bitcoin surged past $63,800 after softer U.S. jobs data eased rate-hike fears, only to retreat to $62,900 — a fleeting rally that hints at potential relief for crypto, but doesn’t signal a trend. The real test comes July 14 with the CPI report, which could confirm whether this momentum continues or stalls. Meanwhile, Ethereum braces for its biggest upgrade since the Merge, while Zcash’s Tachyon upgrade prepares for scalability and quantum resistance — a wild mix of market moves and tech breakthroughs unfolding all at once. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6323ccd5fe0dc897