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Bitcoin Faces $77,000 Resistance as Weak Jobs and $90 Oil Complicate Fed Outlook

Bitcoin met resistance near $77,000 as weaker JOLTS turnover conflicted with an ISM prices reading of 71.1, $90 oil and a 66% probability of a closing Fed hike.

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Bitcoin Faces $77,000 Resistance as Weak Jobs and $90 Oil Complicate Fed Outlook
Bitcoin encountered resistance near $77,000 as markets weighed conflicting signals for the Federal Reserve, according to CryptoSlate. JOLTS turnover weakened, pointing to softer labor-market conditions, while the ISM prices index reached 71.1, keeping inflation concerns in focus. A 66% probability of a closing rate hike also maintained pressure from the interest-rate outlook. At the same time, oil near $90 added another complication for policymakers, leaving the Fed balancing weaker employment indicators against elevated price pressures. The combination shaped the backdrop for Bitcoin’s stalled advance and kept the prospect of tighter monetary policy relevant to crypto markets. CryptoSlate reported the developments on Sept. 2, 2026.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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