Looking at the largest digital asset, bitcoin topped $71,000 for the first time since May 20 before paring gains and reversing to the low $70,000s. A fresh set of U.S. manufacturing data Monday hinted at a cooling economy, potentially putting interest rate cuts back on the Federal Reserve’s view later this year to loosen financial conditions.
Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin (BTC) Price Hits $71K
