LIVE: Bitcoin abruptly breaks $65,000 as will it won’t it semi-rally continues
- Bitcoin hovered around $65,000 Friday, while Ether traded near $1,903 and the broader crypto market stayed mostly flat ahead of US jobs data.
- US payrolls fell by 23,000 in July versus an expected 83,000 gain, while unemployment slipped to 4.1%, strengthening expectations the Fed will hold rates at 3.50% to 3.75% in September.
- Nasdaq 100 futures jumped 1.2%, S&P 500 futures rose 0.5%, and Dow futures gained 160 points after Wall Street’s previous session ended lower.
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