Bitcoin Grinds Lower As Labor Day Holiday Sees Liquidity Hunts
9 Articles
9 Articles
Cointelegraph
The New York LedgerBitcoin Grinds Lower As Labor Day Holiday Sees Liquidity Hunts
Bitcoin surfs liquidity below $80,000 on Labor Day as markets await the impact of the week’s US inflation print.
Leading cryptocurrency Bitcoin is trading below the $80,000 level, driven by inflation data from the US and rising expectations of a Fed rate hike. Bitcoin, which rose above $82,000 last week, gave back some of its gains following strong employment data on Friday. Eyes on the markets will now be the Producer Price Index (PPI) to be announced in the USA [...] Source: Bitcoinsistemi.com
Monday, September 7, 2026 in the US there was Labour Day, and the holiday meant that US financial markets remained closed. Already on the weekend (of course) they had been closed, so after closing Friday night for more than 72 hours they were not operational. The problem for Bitcoin Although Asian markets [...]
Bitcoin operated down on Monday (7), signing down below US$ 80,000, pressured by caution in the markets amidst tensions in the Middle East and the expectation for the Federal Reserve (Fed) monetary policy decision this month, in a low liquidity session due to the Labor Day holiday in the United States. At around 1650 (in Brasilia), Bitcoin operated down from 0.54%, to US$ 79,380.10, while Ethereum climbed 0.24%, to US$ 2,496.19, according to the…
Bitcoin Slips Below $80K as Traders Await US Inflation Data
Bitcoin (BTC) fell nearly 2% on Monday, giving up its weekend gains above the $80,000 level as thin trading conditions during the US Labor Day holiday weighed on market momentum. BTC had posted its first weekly close above $80,000 since early May, but the cryptocurrency subsequently retreated as traders remained cautious ahead of key US […]
With a U.S. holiday, Bitcoin drops 2% and erases weekend earnings. U.S. inflation data should set whether the $80,000 back to reach
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
