Bitcoin Jumps to $65,200 After Disappointing Jobs Data; Whales and ETFs Drive Rally

Bitcoin rose to $65,200 after the July jobs report revealed a loss of 23,000 jobs, far worse than the expected gain of 80,000. Large investors purchased $1.2 billion worth of Bitcoin, and cryptocurrency ETFs saw $754 million in weekly inflows. Ethereum also gained, aiming for the $2,000 level amid strong institutional accumulation.