Bitcoin Holds at $64,300 as Markets Await US Jobs Report

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Bitcoin remained largely unchanged around $64,300 as traders awaited the release of the US non-farm payrolls report, a key economic indicator. Brent crude oil prices climbed following a stall in negotiations over the Strait of Hormuz, reigniting inflation concerns. Rising oil prices have weighed on Bitcoin throughout the summer by fueling fears of prolonged higher interest rates. The jobs report is now seen as the next major catalyst that could influence Bitcoin's price direction.

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