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Bitcoin Reaches $65,340 as Weak US Employment Data Diminishes Fed Rate Hike Expectations
FG
FOMOGRAM Editorial Desk
Aug 8, 2026
EXECUTIVE SUMMARY
Bitcoin hit $65,340 after US jobs data showed a decline, reducing the probability of a September rate hike. ETF inflows continue, reinforcing near-term bullish sentiment.
Bitcoin hit $65,340 after US jobs data showed a decline, reducing the probability of a September rate hike. ETF inflows continue, reinforcing near-term bullish sentiment.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Weak US employment data reduced rate hike expectations, bolstering Bitcoin’s technical momentum and enhancing ETF inflow support for immediate bullish trade setups.
BTC OVERALL MARKET INDEX: 55 / 100 (NEUTRAL)
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