WorldPingBitcoin falls below $80,000 as hot US payrolls revive Fed hike risk
The 162,000 jobs gain lifted yields and the dollar, but the first selloff did not hold uniformly.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingBitcoin Magazine Bitcoin Dips Below $80,000 on Strong US Jobs Report Bitcoin dipped on news that the Federal Reserve may hike interest rates this month.
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WorldPingThe 162,000 jobs gain lifted yields and the dollar, but the first selloff did not hold uniformly.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingThe Dow dropped 226 points and Bitcoin erased some of its gains after August payrolls tripled estimates, pushing September rate-hike odds to 58%.
Brief by WorldPing · Original reporting by Decrypt
WorldPingWe checked 6 years of bitcoin data. The NFP report isn't big price mover — full report at CoinDesk.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin erased its 24-hour gains after peaking at $82,281, plunging below $78,700 before stabilizing near $79,500. Its market cap fell from $1.62 trillion to $1.57 trillion.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingCorporate crypto bets are getting bigger as rising markets reward direct exposure, putting balance-sheet strategies and institutional adoption back in focus.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingExisting fixed debt keeps its terms, while future BitBonds must clear a materially higher funding hurdle.
Brief by WorldPing · Original reporting by CryptoSlate