Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Bitcoin Slumps as Strong Jobs Report Puts Rate Hike Back on Table

Guavy AI Editorial Team
Instruments
BTC
Share

Bitcoin's recent rally came to an end on Friday as traders reassessed the outlook for Federal Reserve policy following a stronger-than-expected US jobs report. The August non-farm payrolls surged to 162K, prompting a shift in market expectations and causing Bitcoin to tumble back under the critical $80,000 mark.

The $BTC price had previously pushed above $82,000, but heavy selling weighed on the asset as markets now price in a Fed rate hike. This development has led traders to reevaluate their positions and adjust their expectations for future interest rates.

More on Crypto

Crypto just now

Coinbase Prediction Market Sets Target Price for Gold at $4,465.67

Crypto just now

Arbitrum Posts Record-Breaking Income as Programmable Economy Gains Momentum

Crypto just now

Robinhood Chain's Uptime Concerns Sparked by 13-Minute Block Halt

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy