EconomyBitcoin falls below $80,000 as hot US payrolls revive Fed hike risk
Bitcoin briefly fell about 2% below $80,000 after US nonfarm payrolls rose by 162,000 in August, far exceeding expectations. Markets raised the implied probability of a quarter-point September Fed hike to 59%, while the dollar and Treasury yields moved higher.
Bitcoin falls below $80,000 as hot US payrolls revive Fed hike risk
Economy