Bitcoin dips below $80,000 as a hot August jobs report shifts Fed policy expectations
August payrolls weakened the case for patience, leaving Sept.
The significant inflows into BlackRock's Bitcoin ETF highlight growing institutional interest, potentially stabilizing and legitimizing the crypto market.
As the almost 18-year-old bitcoin market is notorious for recycling the same claims that haven’t come true yet, once again, there’s not much difference in the “this time is different” claims, as the observed change simply fits the long-term pattern.
September 5, 2026, 6:30 amThe inflows into Bitcoin and Ethereum ETFs highlight growing investor confidence and potential shifts in market sentiment towards cryptocurrencies.
September 5, 2026, 4:31 amAugust payrolls weakened the case for patience, leaving Sept.
A new IMF disclosure says no public resources funded the accumulation since its first review, exposing a gap in the country's one-Bitcoin-a-day message.
The crypto market is always looking for its next big story. Ethereum remains one of the best-known blockchain networks, while newer meme coin projects are fighting for attention before their first major market debut.
Comments from Warsh and Waller have led to sizeable intraday Bitcoin price moves.
Revolut has secured conditional OCC approval for a U.S. national bank charter, clearing a major regulatory hurdle in just six months. If final approvals arrive, the fintech plans to launch Revolut Bank US in 2027 with deposits, lending, cards, crypto, and eventually stablecoins.
Cuba Bitcoin, a Bitcoin community, reported that an application to launch an initiative on Geyser, a crowdfunding platform, was rejected because the wallet used was affected by U.S. sanctions. Geyser acknowledged that while the company was founded under the Bitcoin ethos, some limiting factors were outside its control.
The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.
Mexican billionaire Ricardo Salinas Pliego renewed his long-term Bitcoin thesis this week, pointing to gold’s total market value as the benchmark that could eventually send BTC toward $1.86 million per coin. In a post on X, the Grupo Salinas founder argued that reaching parity with gold’s market capitalization would require exactly that price.
Policymakers will have CPI but not official August PCE when they decide, leaving a second market test on Sept.