Bitcoin Surges Past $116,000 as Market Sentiment Improves: Crypto Daybook Americas
By Francisco Rodrigues (All times ET unless indicated otherwise)
Bitcoin, trading as BTC at $85,387.93, reached its highest point this month at $116,430, solidifying its position above the $115,000 mark due to renewed interest in risk assets following the weaker-than-expected jobs market data from Friday.
The Federal Reserve is now widely anticipated to reduce interest rates by 25 basis points …
Aug. 7, 2025, 11:15 a.m.