US employers unexpectedly cut 23,000 jobs in July against forecasts for an 80,000 gain, and Bitcoin pushed above $65,000 as traders scrambled to price out a September Fed hike. The unemployment rate actually slipped to 4.1% from 4.2%, though the improvement came from falling labor force participation rather than stronger hiring. The move broke a level that had capped Bitcoin for weeks, and it came on a print that undercut the hawkish case the Fed had been building all summer.