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Canada adds 75,000 jobs in July as US payrolls fall, boosting Bitcoin outlook.

Market News
07 Aug 2026
Tokenpost
View Source
Bullish
pluang ai news

Canada's labor market surged in July with 75,000 new jobs, far exceeding expectations, while US payrolls declined by 23,000. This divergence may influence central bank policies, with the Bank of Canada likely to hold rates steady and the US Federal Reserve facing pressure to pause tightening. The stronger Canadian job market and softer US data have supported Bitcoin prices near $65,000. Canada's evolving crypto regulations, including a planned stablecoin framework, further enhance its crypto industry outlook.

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