Published Aug 7, 2026, 9:21 AM ET · Updated 3 months ago · 1 source
THE BLOCK: U.S. employers unexpectedly cut 23,000 jobs in July, far short of the 80,000 gain forecast, and bitcoin climbed back above $65,000. Analysts call the print a "massive surprise" and say traders are now betting the Fed abandons a September rate hike.
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Original Report
THE BLOCK: U.S. employers unexpectedly cut 23,000 jobs in July, far short of the 80,000 gain forecast, and bitcoin climbed back above $65,000. Analysts call the print a "massive surprise" and say traders are now betting the Fed abandons a September rate hike.