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Crypto· Bitcoin

Surprise nonfarm payrolls print sends Bitcoin back below 80K

Strong August employment data exceeded economist forecasts by nearly threefold, triggering a selloff in Bitcoin that pushed it below $80,000 as market participants adjusted expectations for near-term Federal Reserve interest rate decisions. The robust labor market reading shifted probability assessments toward a more hawkish policy stance at the upcoming Fed meeting.

about 19 hours ago

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