Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
60-second summary
Bitcoin surges to a month-to-date high of $65,300 as risk-assets gain momentum on unexpectedly low US nonfarm payrolls data. The numbers show a decrease of 187,000 jobs in August, fueling speculation that the Federal Reserve may delay interest rate hikes, boosting investor sentiment and driving up the price of Bitcoin.
Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.