Bitcoin price dropped about 2.7% to below $79,300 following a stronger-than-expected US jobs report that increased expectations for a Federal Reserve rate hike. The US economy added 162,000 jobs in August, far exceeding forecasts, which strengthened the labor market outlook and pushed Treasury yields higher. This shift reduced hopes for near-term Fed easing and created downward pressure on Bitcoin after it had reached a four-month high. The market now anticipates tighter monetary policy, impacting risk assets like Bitcoin negatively in the short term.
Cryptocurrency markets show mixed movements as Bitcoin trades near $79,224, down 1.86%, and Ethereum falls 1.59% to $2,450.47. While many coins like XRP, SOL, and DOGE experience declines, some assets such as ZEC and LIT see significant gains of 7.76...
Bitcoin's price fell sharply from a high of $82,281 to the $79,000 range on September 4, 2026, as short-term selling pressure emerged despite a still-strong daily trend supported by moving averages. Key support levels to watch are around $78,531 and ...
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
Bitcoin's price pulled back to around $81,150 after briefly exceeding $82,000 on September 4, driven by profit-taking following a short squeeze fueled by softer Federal Reserve rate hike expectations and strong inflows into US spot Bitcoin ETFs total...
The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short s...
