Live updates: Bitcoin holding near $65,000 as U.S. lost jobs last month
The U.S. lost 23,000 in July, the first such loss since February. Expectations had been for a gain of 80,000 jobs.
Source: CoinDesk
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DW NOTE
The U.S. lost jobs last month while the Fed holds rates at 3.5% and the deficit runs $1.4 trillion through nine months — but equities are up 22% year-to-date because Iran might let tankers through again. Bitcoin at $65,000 isn't reacting to the jobs miss; it's floating on the same reflationary hope that's driving everything else.