Breaking: Bitcoin Tumbles As Non-Farm Payrolls Surge To 162K In August

Bitcoin gave up its sharp rally on Friday after the latest U.S. jobs report came in much stronger than expected, prompting traders to reassess the outlook for Federal Reserve policy. Earlier, the $BTC price pushed to a new intra-day price high above $82,000. However, heavy selling pushed Bitcoin back under the critical $80,000 mark as markets now price in a Fed rate hike.