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BSCN·2026-08-07 16:17
Bitcoin, stocks, and gold rally as shock US jobs miss cools Fed hike talkThe US economy shed 23,000 jobs in July against forecasts of roughly 80,000 gains, with May and June revised down by a combined 103,000, per the Bureau of Labor Statistics. Unemployment ticked down to 4.1%, though largely because more Americans left the labor force.Traders responded by trimming the odds of a September rate hike, pressuring yields and the dollar. bitcoin:native is up 4.6% since Monday, while the S&P 500 hit a fresh reco ...