Bitcoin

Bitcoin Slides as Blowout Jobs Report Revives Fed Hike Odds

Decrypt·September 4, 2026·1 min read

Bitcoin slid after a blowout jobs report revived Fed rate-hike odds. August payrolls tripled estimates, pushing September rate-hike odds to 58%. The Dow dropped 226 points, and Bitcoin erased some of its gains. The report highlights the impact of economic data on crypto markets.

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