The price of Bitcoin saw another significant surge last night, with prices climbing over $70,000 per 1 BTC for the first time. This increase is believed to be linked to reports of rising non-farm payroll figures, indicating a higher job vacancy rate. As a result, it is anticipated that the Federal Reserve will adjust interest rates.
Bitcoin hit a peak of $70,184 before dipping back down, with the current price hovering around $68,000.
Source: Coin Telegraph
TLDR: Bitcoin prices surged over $70,000 before pulling back, potentially influenced by strong job market data and possible changes in interest rates by the Federal Reserve.
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