Bitcoin slides below $80K after blockbuster jobs report lifts rate-hike odds
Bitcoin fell below $80K after the US added 162,000 jobs in August versus Wall Street expectations of 53,000–56,000, marking the strongest monthly gain since March.
The US economy added 162,000 jobs in August, roughly triple what economists had penciled in. Wall Street had been looking for 53,000 to 56,000. The result was the strongest monthly gain since March and a clear sign that the labor market is not slowing the way the Feder...