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.
AI Summary
Bitcoin traded near $64,350 ahead of the US jobs report, with oil rising after stalled Hormuz talks revived inflation concerns that have constrained risk assets all summer. SK Hynix announced a $38 billion investment in AI memory chip facilities, signaling continued AI infrastructure spending. The market is waiting on the payrolls data, as a soft print could revive expectations for Fed easing and support bitcoin.