US Jobs Reports Put Bitcoin’s September Price Move in Focus This Week

Bitcoin (BTC) sat at $78,000, down -0.2% on the day, as a packed week of US labor and activity data could reshape expectations for the Federal Reserve’s September rate decision.

On Kalshi, traders priced a close split for the September 15–16 Federal Open Market Committee meeting: 53% odds of a 25-basis-point increase and 47% odds of no change.

Five major reports are due before the Fed meets, with Friday’s nonfarm payrolls release expected to be the most closely watched.

The week’s central question is whether labor-market data show enough cooling to make a rate increase harder to justify or enough strength to lift expectations for a hike.