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Bitcoin Barely Budges as Weak US Jobs Data Cuts Fed Hike Odds to 44%

CryptoPotato·August 7, 2026·1 min read
Bitcoin Barely Budges as Weak US Jobs Data Cuts Fed Hike Odds to 44%

Bitcoin rose about 0.7% after US job growth turned negative in July, reducing market expectations of a September Federal Reserve rate hike to 44%. Stocks gained and Treasury yields declined following the weak jobs data. BTC showed minimal price movement despite the macroeconomic shift.

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