Bitcoin got the macro catalyst traders had been waiting for on Friday: a U.S. jobs report soft enough to restart the argument over how much room the Federal Reserve has to ease. BTC pushed as high as $65,340 on Bitstamp, up roughly 1.3% on the day, after July nonfarm payrolls showed the economy lost 23,000 jobs instead of adding the roughly 80,000 economists expected.
That is a meaningful miss, not a rounding error. The Bureau of Labor Statistics also revised May and June employment lower by a combined 103,000 jobs. July unemployment came in at 4.1%, little changed from the prio...
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