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Bitcoin Reclaims $60,000 After June Payrolls Rise 57,000; Citi Cuts 12-Month Target

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2026-07-07 13:30:43
Bitcoin moved back above $60,000 after the Bureau of Labor Statistics reported that June payrolls increased by 57,000. According to NS3.AI, Citi lowered its 12-month Bitcoin price target to $82,000 from $112,000.

The report also noted that June CPI is scheduled for July 14 at 8:30 a.m. Eastern, with gasoline prices remaining a key factor in the debate over Federal Reserve interest-rate policy.
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