Bitcoin Falls Below 77K With Oil Above 90

CryptoSlate posted that Bitcoin fell below 77K even as US labor data softened. The post states pressure comes from oil above 90, rising Treasury yields, and markets keeping September hike odds near 66 percent. It adds that payrolls data on Sept. 4 could shift those odds. The linked CryptoSlate article describes Bitcoin hitting a 77,000 wall with the Fed trapped between weak jobs and 90 oil, noting an energy shock kept inflation fears alive.