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Bitcoin and Ethereum Soar Following Strong US Jobs Report

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Bitcoin jumped Friday—along with stocks—following the release of a Labor Department report showing that U.S. job growth was up. The biggest cryptocurrency was trading for $21,246 at the time of writing—a 4.8% 24-hour increase. It’s the first time the asset has reached past $21,000 since September, according to CoinGecko data. Ethereum, the second largest cryptocurrency by market cap, was doing even better: up 7% in a day priced at $1,652. Both cryptocurrencies have gained significantly in the past week: Ethereum is up nearly 10% while Bitcoin is 4.7% higher than it ...

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