Crypto
Gold, Bitcoin Prices Rise Amid Weaker-than-Expected Jobs Report
Gold prices recovered on Friday after the US Bureau of Labor Statistics released the Nonfarm Payrolls report, which showed a decline in jobs added in July.
The US NFP dropped by 23,000 in July, falling short of consensus forecasts of an 80,000 gain. This drop comes after June's modest increase of 20,000, revised from the initial 57,000, highlighting a significant loss of momentum in the labor market.
Meanwhile, Bitcoin (BTC) showed signs of a steady recovery above $65,000, buoyed by growing risk-on sentiment.