Cryptocurrencies gained ground on Thursday while major stock indexes closed at all-time highs, as softer-than-expected jobs data lowered expectations for a Federal Reserve rate hike.

Cryptocurrency24-Hour Gains +/-Price (Recorded at 10:20 p.m.

EDT)Bitcoin (CRYPTO: BTC)+2.19%$61,460.31Ethereum (CRYPTO: ETH) +5.67%$1,708.41XRP (CRYPTO: XRP) +3.23%$1.09Solana (CRYPTO: SOL) +4.20%$81.33Dogecoin (CRYPTO: DOGE) +3.17%$0.07466 Crypto Market Rallies Bitcoin briefly broke $62,000 but failed to sustain the rally, pulling back to the low $61,000 range.

Ethereum experienced a more pronounced rally, breaking through the $1,700 level before consolidating sideways.

Cryptocurrency-related stocks lifted, with Strategy Inc.