September 5, 2026 | Strong nonfarm payroll data knocked BTC back to 80k, while privacy coins led the crypto market rally.
Last night, $BTC briefly surged to $82,164, but once the nonfarm data came out, it was pushed back to around $79,000; $ETH also returned to around $2,450.
The U.S. added 162,000 jobs in August, far above the expected 56,000. The data was so strong that the market quickly pushed the probability of a September rate hike back to 60%. Two-year Treasury yields rose to 4.37%, the dollar strengthened, and both stocks and crypto pulled back.
But the market is not as weak as it looks. U.S. spot BTC ETFs recorded a latest single-day net inflow of $731 million, the highest in nearly nine months. Institutional money is still buying, but high interest rates and oil prices are capping upside.
$ZEC rose 8.12%, mainly driven by funding expectations after the ETF launch plus a short squeeze, with about $34.5 million in short positions liquidated over the past 24 hours; $LIT rose 8.69%, supported by increased trading volume from platform revenue buybacks, token burns, and Robinhood activity.
For the weekend, first watch $78,000. If it holds, BTC will still be range-trading between $76,000 and $83,000; only a move back above $82,800 would give it a chance to keep pushing toward $90,000. If it breaks below $76,000, this rebound will need to be reassessed. #ZEC续刷历史新高 #美国初请失业金人数升至20.6万
For ETH, first see whether it can reclaim $2,500; once $2,400 is lost, the pullback is usually faster than BTC's.
The nonfarm report gave the Fed a reason to hike rates, but next week's CPI will decide whether it dares to actually act. These next few days are not about guessing bull or bear; first see who can really defend $80,000.
Last night, $BTC briefly surged to $82,164, but once the nonfarm data came out, it was pushed back to around $79,000; $ETH also returned to around $2,450.
The U.S. added 162,000 jobs in August, far above the expected 56,000. The data was so strong that the market quickly pushed the probability of a September rate hike back to 60%. Two-year Treasury yields rose to 4.37%, the dollar strengthened, and both stocks and crypto pulled back.
But the market is not as weak as it looks. U.S. spot BTC ETFs recorded a latest single-day net inflow of $731 million, the highest in nearly nine months. Institutional money is still buying, but high interest rates and oil prices are capping upside.
$ZEC rose 8.12%, mainly driven by funding expectations after the ETF launch plus a short squeeze, with about $34.5 million in short positions liquidated over the past 24 hours; $LIT rose 8.69%, supported by increased trading volume from platform revenue buybacks, token burns, and Robinhood activity.
For the weekend, first watch $78,000. If it holds, BTC will still be range-trading between $76,000 and $83,000; only a move back above $82,800 would give it a chance to keep pushing toward $90,000. If it breaks below $76,000, this rebound will need to be reassessed. #ZEC续刷历史新高 #美国初请失业金人数升至20.6万
For ETH, first see whether it can reclaim $2,500; once $2,400 is lost, the pullback is usually faster than BTC's.
The nonfarm report gave the Fed a reason to hike rates, but next week's CPI will decide whether it dares to actually act. These next few days are not about guessing bull or bear; first see who can really defend $80,000.
