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Bitcoin tops $65,000 after ‘massive surprise’ US jobs miss

The Block·August 7, 2026·1 min read
Bitcoin tops $65,000 after ‘massive surprise’ US jobs miss

Bitcoin topped $65,000 after U.S. payrolls fell 23,000 in July versus an 80,000 forecast, a massive surprise miss. Traders priced out a September Fed rate hike, boosting Bitcoin. The price surge reflects crypto's sensitivity to macroeconomic data and monetary policy expectations.

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