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A surprisingly strong US payrolls report added 162,000 jobs, pushing bond yields and the dollar upward—and knocking Bitcoin below $80,000.
With the labor market showing resilience, hopes for near-term Fed rate cuts are fading, and risk assets are feeling the pressure.
While the initial crypto selloff wasn’t uniform across the board, the broader macro headwinds are undeniable.
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1September 4, 2026 1.5K 1
