{"id":30575,"date":"2026-07-03T13:17:50","date_gmt":"2026-07-03T12:17:50","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/07\/03\/bitcoin-61000-us-jobs-data-rate-cut-hopes-etf-inflows\/"},"modified":"2026-07-03T13:17:54","modified_gmt":"2026-07-03T12:17:54","slug":"bitcoin-61000-us-jobs-data-rate-cut-hopes-etf-inflows","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-61000-us-jobs-data-rate-cut-hopes-etf-inflows\/","title":{"rendered":"Bitcoin Holds $61,000: Weak US Jobs Data Reignites Rate Cut Hopes"},"content":{"rendered":"\n

Bitcoin<\/strong> is back in the green heading into the Fourth of July, driven by an unexpected macroeconomic catalyst. Weaker-than-expected US employment figures were enough to calm markets and revive appetite for risk assets.<\/p>\n\n\n\n

For ten consecutive days, spot Bitcoin ETFs<\/strong> had recorded net outflows. That streak has now been broken \u2014 a signal institutional investors had been watching closely.<\/p>\n\n\n\n

With macro pressure easing and capital flows returning to regulated products, the crypto market appears to be finding a fragile but real equilibrium. Here is what the data reveals.<\/p>\n\n\n\n

A Disappointing Jobs Report That Is Great News for Crypto Bulls<\/h2>\n\n\n\n

The latest US labor market data came in below expectations, signaling a slowdown in the American economy. For financial markets, this kind of reading is paradoxically positive: a weakening economy reduces pressure on the Fed<\/strong> to keep interest rates elevated, and may even open the door to a first rate cut.<\/p>\n\n\n\n

Bitcoin<\/strong><\/a> responded positively to this macro narrative, consolidating above $61,000<\/strong> after several sessions under pressure. Ethereum<\/strong>, for its part, is holding firm above $1,700<\/strong>, a key technical level acting as short-term support. The correlation between risk assets and monetary policy expectations remains strong \u2014 and this rebound is yet another illustration of that dynamic.<\/p>\n\n\n\n

Futures markets are now pricing in a higher probability of a Fed rate cut<\/strong> before the end of 2025. This shift in expectations represents a meaningful tailwind for speculative assets, with crypto leading the charge. Implied volatility remains elevated, however, suggesting traders are not yet betting on a sustained uptrend.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Spot Bitcoin ETFs End Ten-Day Outflow Streak: A Signal Worth Watching<\/h2>\n\n\n\n

After ten consecutive days of net outflows<\/strong>, US-listed spot Bitcoin ETFs<\/strong> recorded net inflows. This reversal, even if modest, is significant: it reflects a renewed interest from institutional investors<\/strong> who had temporarily reduced their exposure amid macro uncertainty.<\/p>\n\n\n\n

Spot ETFs<\/strong>, launched in early 2024, have become an essential barometer of institutional sentiment. When flows reverse after a prolonged streak of outflows, it can indicate that the market has absorbed selling pressure and that buyers are regaining control. This is not yet a trend confirmation, but it is a signal traders are closely monitoring in their market sentiment models.<\/p>\n\n\n\n

The combination of favorable macro data and returning ETF inflows creates a more constructive technical environment for Bitcoin<\/strong> in the near term. The $61,000<\/strong> level is now acting as immediate support, while the resistance zone to watch sits around $63,000 to $65,000<\/strong> \u2014 an area where several moving averages converge on the daily charts.<\/a><\/p>\n\n\n\n

A Market in Wait-and-See Mode: Between July 4th and Upcoming Catalysts<\/h2>\n\n\n\n

With the Fourth of July holiday approaching in the United States, liquidity is mechanically reduced across markets. Lower volumes can amplify price moves in both directions \u2014 a setup experienced traders approach with caution. In this low-liquidity environment, Bitcoin<\/strong> holding above $61,000 is in itself a sign of resilience.<\/p>\n\n\n\n

The key catalysts to watch in the coming sessions include US inflation data (CPI)<\/strong>, the Fed minutes<\/strong>, and the trajectory of ETF flows over the next few trading days.<\/a> If net inflows are confirmed over several consecutive sessions, this could represent the signal of a more structural return of institutional demand \u2014 and potentially support a test of higher resistance levels before the end of July.<\/p>\n\n\n\n

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