$BTC rises 5% after release of US NFP data

Gate.io News: The price of the largest cryptocurrency by market valuation, Bitcoin, has increased by 5% in the last 24 hours after the United States Federal Bureau of Labor Statistics released the Nonfarm payroll (NFP) data signalling that the U.S. job growth in April totaled 175,000, which is much less than anticipated.

With a market capitalization of $1.23T, $BTC currently trades around $62,729 (BTC/USDT), and a 24-hour trading volume of $502.00M, according to Gate.io trading chart.