US August nonfarm payrolls rose by 162,000, nearly triple the expected 56,000, with strong wage growth keeping the Federal Reserve's September rate hike debate active. This stronger-than-expected jobs report caused Bitcoin to drop below $80,000 and gold prices to fall 1.75% shortly after the data release. The report also revised previous months' job numbers upward, weakening the case for an economic slowdown. Investors now await the upcoming consumer price index data on September 11, which could influence the Fed's decision on interest rates.
Bitcoin's price dropped to around $80,494, down 1.26%, alongside a 14.11% decline in trading volume, indicating weaker market participation. Despite increased network activity and a slight rise in Bitcoin's market dominance, sentiment remained neutra...
On October 24, 2026, Bitcoin's dollar-margin long position share increased by 2.34 percentage points to 63.03%, indicating growing investor confidence. Conversely, Ethereum saw a significant drop in its dollar-margin long account share by 2.13 percen...
Prediction markets show a decline in the odds for Bitcoin and Ethereum reaching their year-end price targets, with Bitcoin's chance of hitting $100,000 dropping to 22% and Ethereum's chance of reaching $3,500 falling to 15%. XRP's probability of reac...
Bitcoin dropped below its 50-day moving average for the first time since August, falling to around $80,698. This break was triggered by geopolitical concerns after President Trump hinted at a possible operation against Iran, which, along with rising ...
NEAR Protocol (NEAR) experienced the largest 24-hour decline among major cryptocurrencies, falling 8.93% to $4.47. Other notable drops included Bitcoin down 1.28% to $80,495, Ether down 1.38% to $2,360.57, and XRP down 3.45% to $1.28. These declines ...
