Bitcoin Tests $64K as Weak Jobs Data Lowers Fed Hike Odds
2026-07-07 21:20

Woofun AI reports that Bitcoin surpassed $60,000 following weak June payroll data, which showed only 57,000 jobs added and unemployment rising to 4.2%. Consequently, the dollar index fell to 100.83, while market odds for a September Fed rate hike dropped to 54% from 67%. Bitcoin is currently attempting to break above $64,000 as policymakers view the Iran-driven oil spike as a fading inflation factor.

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Bitcoin
BTC
Citi
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