EL7.AI
CryptoMediumUpdated•Originally published 5 September 2026•Updated 5 September 2026•
1 min read

Bitcoin Falls Under $80,000 After Strong U.S. Jobs Report Reprices Rate Expectations

Key Facts

1BTCUSD fell under $80,000; the September 5 snapshot recorded $79,618 within a $79,442–$79,763.41 range.
2U.S. nonfarm payrolls were 162,000 in August, the unemployment rate was 4.1%, and the payroll forecast was 65,000.

Bitcoin fell under $80,000 after a stronger-than-expected U.S. jobs report. EL7's BTCUSD snapshot dated September 5 recorded a price of $79,618 within a $79,442–$79,763.41 range.

The Bureau of Labor Statistics reported that August nonfarm payrolls totaled 162,000 and that the unemployment rate was 4.1%. The payroll forecast in the FactSet survey cited by the Associated Press was 65,000.

Bitcoin moved from above $81,000 to about $79,654 after the report. At the same time, Treasury yields rose and stocks fell, supporting the jobs data as a major catalyst without treating it as the only cause.

CME FedWatch probabilities are derived from federal-funds futures prices. They therefore reflect traders' estimates of the monetary-policy path and do not represent a Federal Reserve decision or commitment.

The inspected technical analysis identified the $82,000–$82,800 band as a resistance area and the $78,000–$78,700 area as a technical reference for monitoring. These levels are analytical observations, not guarantees of the price path.

The Federal Reserve's next meeting is scheduled for September 15–16, 2026. Until then, inflation data and policymaker communications may change traders' pricing of the policy path, so Bitcoin may remain sensitive to liquidity conditions and risk appetite.