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Bitcoin Slips Below $80K as Blowout US Jobs Data Clouds Fed Rate Path

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • US nonfarm payrolls crushed expectations with 162,000 jobs in August versus 56,000 expected, triggering a Bitcoin drop toward $78,600 as rate pause expectations solidified.
  • Meanwhile, a dissident Blake2b Bitcoin hard fork launched, gaining initial trading liquidity at $350 amid disputes over mining pool centralization.
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BTCUSD price history

78015.72 +18.42% over the displayed period

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