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Daily Market Update: Bitcoin Drops Below $79,000 as Fed Rate Hike Odds Hit 60% and Oil Prices Surge

By Trader Edge at 2026-09-08 04:10

Sentiment: Positive

TLDR Bitcoin fell to around $78,400 on Tuesday, down over 1% on the day but holding weekly gains A stronger-than-expected U.S. jobs report of 162,000 August jobs pushed Fed rate hike odds to roughly 60% Zcash led losses among large caps, dropping nearly 5%, while Dogecoin and BNB held up best Brent crude climbed to [...] The post Daily Market Update: Bitcoin Drops Below $79,000 as Fed Rate Hike Odds Hit 60% and Oil Prices Surge appeared first on CoinCentral. Continue reading...

Categories: Bitcoin

Tags: #Bitcoin #News #Stocks

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