Bitcoin Price Climbs to $65.3K as Weak US Jobs Data Boosts Fed Rate Cut Hopes
Bitcoin price climbed to $65.3K, reaching a fresh August high after weaker-than-expected US jobs data increased expectations that the Federal Reserve could begin cutting interest rates sooner. The softer labor market report boosted investor confidence across the cryptocurrency market, encouraging renewed buying in Bitcoin and other digital assets. Analysts believe that if upcoming economic data continues to support a more accommodative Fed policy, Bitcoin could maintain its bullish momentum, although short-term volatility is still likely as markets react to future inflation and monetary policy updates.













