Community Trust ScoreVerified 81 % Real Verified 21 votesBitcoin jumped to $65,340 on Friday, its highest point in August, right as Wall Street was digesting a jobs report that basically flipped Fed rate expectations on their head. AdvertisementBefore the jobs numbers dropped, traders were pricing in a 0.25% rate hike at the September Fed meeting. Bitcoin traders know that. Related: Fed Governor Lisa Cook Warns Crypto and Risk Assets Face Rate Hike ThreatJackson Hole is probably the more immediate catalyst. How did the July jobs report change Federal Reserve rate expectations?