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BTCBULLISH
Bitcoin Reaches $65,340 as Weak US Employment Data Diminishes Federal Reserve Rate Hike Expectations
FG
FOMOGRAM Editorial Desk
Aug 8, 2026
EXECUTIVE SUMMARY
Bitcoin reached $65,340 after US nonfarm payrolls disappointed, reducing rate hike odds from 55% to 42%. ETF inflows and technical momentum reinforce a bullish backdrop.
Bitcoin reached $65,340 after US nonfarm payrolls disappointed, reducing rate hike odds from 55% to 42%. ETF inflows and technical momentum reinforce a bullish backdrop.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Weaker US employment data have reduced Fed hike expectations, fueling short-term bullish momentum for Bitcoin with rising ETF inflows.
BTC OVERALL MARKET INDEX: 55 / 100 (NEUTRAL)
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