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Bitcoin Price Drops Below $80,000 Following Strong U.S. Jobs Data

CoinGape ·

Bitcoin retreated from its intraday high of over $82,000 after the U.S. August non-farm payrolls report showed a stronger-than-expected 162,000 jobs added. The data prompted traders to reassess Federal Reserve policy expectations, leading to a sell-off that pushed the price back below the $80,000 level.

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Summaries are written by AI from the original article. Not investment advice.

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