Bitcoin dipped below $80,000 after a strong US jobs report increased market concern that the Federal Reserve could raise interest rates this month, according to Bitcoin Magazine. The report linked the move in BTC to shifting expectations around US monetary policy. Higher interest rates can influence sentiment across financial markets, including crypto, although the source did not provide further details on the scale or duration of Bitcoin’s decline. The development puts the focus on the relationship between labor-market data, Federal Reserve decisions and cryptocurrency prices. Bitcoin Magazine reported the move in an article by Mathew Di Salvo published on September 4, 2026. No additional price levels, market forecasts or policy decisions were provided in the source material.
Bitcoin Falls Below $80,000 as Strong US Jobs Report Raises Rate-Hike Concerns
Bitcoin dipped below $80,000 after a strong US jobs report raised concerns that the Federal Reserve may hike interest rates this month, Bitcoin Magazine reported.
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