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A labor market running hotter than almost anyone expected has reordered the Federal Reserve picture heading into September.
US employers added 162,000 jobs in August, a figure well above economist estimates of roughly 65,000, while the unemployment rate held steady at 4.1%.
Bitcoin ($BTC) paid a visible price, pulling from above $81,000 into the high-$78,000s through low-$80,000s as traders repriced near-term policy expectations.
The August number carries extra weight against the trailing trend.
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