EconomyBitcoin dips below $80,000 as strong August jobs report shifts Fed expectations
A stronger-than-expected August jobs report reduced the Federal Reserve’s room to justify holding rates steady on labor-market weakness alone. Bitcoin fell to an intraday low of $78,660 before recovering near $80,000, while Treasury yields and the dollar rose. The next major test is the August CPI report due Sept. 11.
C
CryptoSlate★★☆☆☆2026-09-05 04:00Original
Bitcoin dips below $80,000 as strong August jobs report shifts Fed expectations
Economy