Strong US August jobs data sparks Fed rate hike fears, Bitcoin falls below $80K
Stronger-than-expected US August payrolls data (162K jobs added) revived Federal Reserve rate hike expectations, triggering a swift market selloff in which Bitcoin fell below $80,000, Ethereum dropped below $2,500, and Gold slid 1.75%, with over $201 million in crypto liquidations in a single hour.
Detected & updated continuously · Source: Nebula
Sources
@cryptogoos
$BTC falls below $80,000 and $ETH below $2,500 as Fed rate hike odds rise following today’s US jobs data. https://t.co/Uri03c2VLG
@beincrypto
BREAKING: US August payrolls crushed forecasts at 162K jobs added, reviving Fed rate hike fears and triggering a swift market selloff. Bitcoin instantly lost $80,000 while Gold slid 1.75%, causing over $201 million in crypto liquidations in a single hour.
@FORE_Predict
BITCOIN FLASH CRASHES $1,600 IN JUST 3 MINUTES BELOW $80,000! 🚨🪙 Macro volatility strikes back as stronger-than-expected U.S. jobs data sends shockwaves through the crypto market! Increasing expectations for a Fed rate hike triggered an instant liquidation candle, knocking
@TronWeekly
🚨 BREAKING: Bitcoin Plunges Below $80K • 📉 BTC crashed $1,600 in just 3 minutes. • 💥 Price dropped below $80,000 • 🇺🇸 Stronger-than-expected U.S. jobs data triggered the sell-off • 🏦 Markets raised bets on a potential Fed rate hike https://t.co/jDMhHJrg7r
@Crypto_Potato
THE BIG PICTURE: $BTC just ended August in the green for the first time during a bear market, signaling a major sentiment shift. Despite surging past $82,400, a strong US jobs report triggered a rapid pullback as Fed rate hike fears resurface. @cryptohayes warns investors to