Bitcoin Has Crossed $65,000 (Due to US Jobs Report Effect)
🗣️ Bitcoin’s price has now crossed the important level of $65,000. The real reason behind this surge is America’s July Jobs Report, which came out far worse than expected (23,000 jobs were cut in America).
📢According to the July jobs report, America’s economy unexpectedly 😱 lost 23,000 jobs, while economists had expected an additional increase of 80,000 jobs in the market.
With the jobs report coming out bad, pressure has increased on the American Federal Reserve to cut interest rates, which has given Bitcoin a huge boost and the market turned positive.
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