India, Aug. 7 -- Despite disappointment surrounding the deferment of the Clarity Act's Senate vote to September, cryptocurrencies are trading on a firm note. Crypto markets have also shrugged off anxiety ahead of the release of the monthly jobs data from the U.S. which could significantly influence the Fed's monetary policy actions. Overall crypto market capitalization has increased more than a quarter percent. Bitcoin is currently trading above the $65k level.
Data to be released on Friday morning by the U.S. Bureau of Labor Statistics is expected to show an addition of 80 thousand to non-farm payrolls in the month of July versus 57 thousand in the previous month. The unemployment rate is however expected to remain steady at 4.2 percent....