Cryptocurrencies gained ground on Thursday, July 2, while major stock indexes closed at all-time highs, as softer-than-expected jobs data lowered expectations for a Federal Reserve rate hike.

Leading cryptocurrencies ticked higher on Wednesday, July 1, while stocks retreated, as Federal Reserve Chair Kevin Warsh called inflation "too high."

Cryptocurrencies gained ground on Thursday, July 2, while major stock indexes closed at all-time highs, as softer-than-expected jobs data lowered expectations for a Federal…