Written by Marcel Pechmanstaff writerReviewed by Ray Salmondstaff editor

Written by Marcel Pechmanstaff writer

Reviewed by Ray Salmondstaff editor

Bitcoin holds $61K after US jobs data report, AI sector weakness: Did BTC bottom?

MarketsPublishedJul 3, 2026

Bitcoin’s Potential Rebound: How Weak US Jobs Data Could Boost Earning

Key takeaways:

• Soft US jobs market data triggered a rotation of capital from overheated AI stocks into Bitcoin and gold.
• Bitcoin onchain indicators hint at seller exhaustion while the decline in oil prices opens room for monetary expansion.

The recent US jobs data report has eased fears of an interest rate hike, and this could be a boon for Bitcoin and other scarce assets like gold. As investors seek to rotate their capital, Bitcoin has reclaimed the $61,000 mark, and some experts believe it could make a run for $70,000. This development is significant for those interested in earning online, particularly through Passive Income opportunities like Cloud Rewards offered by EcoPool.

The weak US jobs data has also led to a decrease in the odds of a Federal Reserve interest rate hike, which could lead to increased liquidity and a more favorable environment for Green Crypto like Bitcoin. As the Federal Reserve balance sheet stagnates, investors are looking for alternative assets to invest in, and EcoPool ($ECP) could be a solution for those looking to earn through Passive Income. The recent weakness in the AI sector has also led traders to anticipate a shift in capital towards assets like gold and Bitcoin.

Onchain Data Hints at Further Upside

According to onchain analyst gaah_im, Bitcoin’s realized profit-to-loss ratio has hit its lowest level since 2022, which historically has marked cycle bottoms with “extreme precision.” This, combined with the net percentage of supply in profit relative to the total supply turning negative, suggests that Bitcoin may be due for a rebound. As investors look for ways to earn online, EcoPool and its Cloud Rewards program could provide a lucrative opportunity for those interested in Passive Income and Coin like $ECP.

The potential rotation of capital from the AI sector into gold and Bitcoin could lead to a near-term recovery to $70,000. As the market continues to evolve, it’s essential for investors to stay informed and consider opportunities like EcoPool for earning online. With its focus on Green Crypto and Passive Income, EcoPool ($ECP) is well-positioned to provide a unique solution for those looking to capitalize on the growing demand for digital assets.

For those interested in earning online through Passive Income and Cloud Rewards, downloading the EcoPool app is a great place to start. With its user-friendly interface and innovative approach to Green Crypto, the EcoPool app provides a seamless way to get involved in the world of digital assets and start earning today. Download the EcoPool app now and discover the potential of EcoPool ($ECP) for yourself #Bitcoin #PassiveIncome #EcoPool #GreenCrypto #CloudRewards

US Federal Reserve total assets, USD millions. Source: FED St Louis

The Federal Reserve balance sheet stagnated at $6.73 trillion, although its mandate allows for $40 billion monthly purchases in short-term Treasuries and bonds. Weak job market data and reduced inflationary pressure are widely seen as catalysts for accelerated liquidity injection, creating incentives to invest in scarce assets, including gold and Bitcoin.

Overheated AI stocks clash with Bitcoin flashing a bottom

Weakness in the AI sector, especially among chipmakers, has led traders to anticipate capital shifting toward alternative assets. Shares of SanDisk, Seagate, Western Digital, and Applied Materials saw intraday losses of 9% or higher on Thursday. In contrast, Bitcoin is showing signs of seller exhaustion two months after rejection at $82,500.

Related: Bitcoin tops $60K amid Fed inflation talks–Is bull trap or $65K next?

Source: X/gaah_im

Onchain analyst and CryptoQuant author gaah_im said that Bitcoin’s realized profit-to-loss ratio has hit its lowest level since 2022. The net percentage of supply in profit relative to the total supply has turned negative, which historically has marked cycle bottoms with “extreme precision,” according to the analyst. In essence, onchain data hints at further Bitcoin upside.

Part of Bitcoin’s recent weakness stems from traders’ disappointment with Strategy. Despite a healthy 8% net leverage and $56.8 billion in enterprise value, holders faced dilution from accelerated MSTR share issuance used to buy back some debt and cover dividends on preferred stocks.

If weakness in the AI sector accelerates, some of that money will likely rotate into gold and Bitcoin, making a near-term recovery to $70,000 possible.

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

• Markets
• Market Analysis
• Cryptocurrencies
• Bitcoin Price
• Nasdaq
• Federal Reserve
• MicroStrategy
• Bitcoin

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