BTC
Bitcoin (BTC)
78,530.00
-0.70% (-550.88)
Updated 10:25 PMBTC
Bitcoin (BTC)
78,530.00
-0.70% (-550.88)
Updated 10:25 PMBTC
78,530.00
-0.70% (-550.88)
Updated 10:25 PM
Overview
Signal: hotter labor data pushed traders toward pricing a Fed rate hike, and Bitcoin dropped in response. So what: a more hawkish Fed outlook tends to pressure risk assets like Bitcoin as tighter policy expectations reduce appetite for non-yielding assets.
Updated 10:34 AM
Medium confidence09/07, 10:29 AM
Bitcoin fell as much as 3.5% below $80,000 after stronger-than-expected US jobs data boosted bets on a September Fed rate hike.
Affected assets
Finnhub
09/07, 10:29 AM
Related updates
Bloomberg·08/27, 11:11 PM
Spot Bitcoin ETFs received $2.5 billion in inflows over seven trading days, the highest in ten months, as investors seek alternatives to the dollar amid inflation and budget-deficit concerns.
CoinDesk·08/27, 05:31 PM
Bitcoin held above $79,000 on Thursday as spot bitcoin ETFs recorded their eighth consecutive day of net inflows.
CoinDesk·08/27, 03:51 PM
U.S. spot bitcoin ETFs have accumulated $2.8 billion in inflows over eight consecutive days, with ether ETFs matching the pace daily; August is tracking to become the best month since October 2025 with three sessions remaining.
FirstSquawk·08/27, 11:07 AM
Bitcoin treasury companies shed $80 billion in value as their business model unwinds, per Financial Times.
Bloomberg·08/26, 05:49 PM
Bernstein predicts Bitcoin will reach $150,000 by mid-2027 and $300,000 by 2029, citing government debt, currency debasement, and institutional adoption as drivers.