Bitcoin Rallies Past $65K on Weak Jobs Report, Rate Hike Bets Fade
Bitcoin surges past $65,000 as disappointing July jobs report dims near-term Federal Reserve rate hike prospects, marking a sharp reversal from Thursday’s weakness and signaling renewed investor appetite for risk assets. The report, which showed 23,000 jobs lost instead of the forecast 80,000 gain, has shifted market expectations materially in crypto’s favor heading into next…
