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Crypto Markets Bounce Back as Investors Look Past ETF Outflows and Jobs Data Drama

Crypto Markets Bounce Back as Investors Look Past ETF Outflows and Jobs Data Drama

Bitcoin holds above $115,000 while Ethereum surges 6% to above $3,600.

Major digital assets recovered recent losses on Monday as investors shrugged off the latest exchange-traded fund (ETF) outflows and political drama sparked by last week’s weaker-than-expected U.S. jobs report.

Bitcoin (BTC) is currently trading at $115,260, up 1.1% on the day, after dipping as low as $112,300 over the weekend. Ethereum (ETH) surged about 6% over the past 24 hours to trade near $3,685, after spending much of the weekend below $3,500. Meanwhile XRP rallied more than 5% to $3.07 today, while Solana (SOL) also climbed, rising 3.6% to $167.

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BTC 24-hour price chart. Source: CoinGecko

Total cryptocurrency market capitalization is currently hovering around…

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