India, Aug. 8 -- Bitcoin Price Today (08 August): Bitcoin is ending the week with renewed momentum, but the cryptocurrency still faces a crucial test around the $65,000 mark. A sharp slowdown in the US labour market has changed expectations around Federal Reserve policy, giving risk assets including Bitcoin a fresh boost. At the same time, renewed demand through US spot Bitcoin ETFs has added another layer of support.

Bitcoin climbed above $65,000 after US payrolls unexpectedly fell by 23,000 in July, compared with market expectations for an increase of about 80,000. The surprise data pushed traders to reassess the outlook for US interest rates and helped BTC recover toward the $65,000 level.

As of August 8, Bitcoin is trading around $6...