Bitcoin surges 13%...surpasses $62,000

As concerns over a slowdown in the U.S. economy eased and U.S. stock prices rallied, Bitcoin surpassed $60,000. Asian investors then entered the market in earnest, and Bitcoin
South Korean media NEWS1 reported that the price of Bitcoin has exceeded 62,000 dollars (approximately 9.13 million yen).
Bitcoin surged 13.17% from 24 hours earlier to $62,545. Bitcoin approached $60,000 in the early hours of the same day, but the Asian cryptocurrency
As investors entered the market in earnest, the price exceeded 62,000 dollars (approximately 9.13 million yen) around 8:00 a.m. This was because U.S. stock prices rose all at once as concerns about the U.S. economic downturn eased.
This is believed to be due to an increase in investors taking risks. On the 8th (local time) in the New York market, the Dow rose 1.76%, the S&P 500 rose 2.30%, and the Nasdaq rose 2.87%.
That's the highest increase since 2022, as the U.S. labor market remains strong. New data from the Labor Department showed that initial claims for unemployment benefits rose 1.2% last week.
Cases totaled 233,000, down 17,000 from the previous week's 250,000, and below the 240,000 that the market had expected.
The US labor market remains strong, revealing a major easing of recession fears
This caused US stock prices to rise all at once. As US stock prices rallied, Bitcoin also appeared to soar all at once.
When Bitcoin soars, other coins also surge in unison.
Liam has soared 15.23%, while Solana, the fifth largest company by market capitalization, has soared 11.05%.