Bitcoin rose by 2%, and XRP surged by 6% in response to a weaker-than-expected jobs report, highlighting the growing influence of economic data on the cryptocurrency market.

Bitcoin experienced a notable increase of 2% following the release of a jobs report that did not meet expectations. This unexpected data has influenced investor sentiments, providing a boost to the cryptocurrency market. Meanwhile, XRP saw a significant rise as well, climbing by 6%, indicating a broader positive trend for digital assets amidst economic uncertainties.

In summary, the disappointing jobs report has led to a positive reaction in the cryptocurrency market, with Bitcoin gaining 2% and XRP increasing by 6%. This suggests that cryptocurrencies are becoming increasingly responsive to macroeconomic indicators. Investors may continue to monitor economic data closely as it impacts digital asset valuations.

Original Source: fortune.com

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