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Bitcoin and Ethereum prices dip ahead of US CPI and ECB rate decisions amid strong US jobs data.

Market News
05 Sep 2026
Coingape
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Bearish
Bitcoin and Ethereum prices dip ahead of US CPI and ECB rate decisions amid strong US jobs data.

Bitcoin and Ethereum prices fell as strong US jobs data increased expectations for Federal Reserve rate hikes. Investors anticipate the US Consumer Price Index (CPI) to remain steady at 3.4%, while the European Central Bank (ECB) is expected to raise interest rates by 25 basis points on September 10. Despite inflation concerns, institutional demand for Bitcoin and Ethereum ETFs remains strong. Market watchers are closely monitoring these events as they could influence crypto price trends in the near term.

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