The cryptocurrency market is closing the week on a positive note, with Bitcoin trading at $61,600, marking a 6.5% increase from Tuesday's low of $57,750. This rise follows weak U.S. job data that reduced expectations for a Federal Reserve interest-rate hike, providing a boost to the market. Ether also saw gains, rising 11.5% since Tuesday, while altcoins like ADA, ZEC, and DASH advanced between 2.2% and 3.1%. Despite these gains, the broader market remains bearish, with Bitcoin needing to surpass $67,000 to reverse its downtrend. In derivatives, Ether led in 24-hour liquidations with $160.80 million, indicating bearish positioning, while open interest in Ether futures reached its highest since June 10. Meanwhile, DOGE futures open interest hit a peak since May 16, reflecting renewed demand for leverage. Uniswap (UNI) surged over 11% following its announcement as the primary AMM for Robinhood's layer-2 blockchain. AI tokens FET, RENDER, and TAO also showed positive movement. Solana (SOL) led the rally among major cryptocurrencies, increasing by over 17% in the past week.