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Bitcoin

Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets

CryptoInfo Editorial Team  ·  Published on August 07, 2026 at 15:23  ·  Updated on August 07, 2026  ·  1 min read

✓ AI-assisted, based on real reporting ✓ Educational content only — not financial advice ✓ Transparent Methodology

Key Takeaways

  • →Bitcoin hit month-to-date highs above $65,000.
  • →The surge in Bitcoin price follows low US nonfarm payrolls data.
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitcoin recently hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.

This development comes as a result of low US jobs numbers, which have potentially cooled Fed rate bets, according to reporting from CoinTelegraph.

Source: CoinTelegraph ↗

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