The US economy added 162,000 nonfarm payroll jobs in August, nearly triple the 56,000 economists expected. Bitcoin sold off from $81,300 to local lows of $78,600 following the data, before recovering to $79,500. Federal Reserve rate cut expectations were repriced, with probabilities now split between a pause and a 25 basis-point rate hike at the September 15-16 FOMC meeting. Meanwhile, the Blake2b version of Bitcoin from the BIP-110 fork saw its first trading activity on the Neoxa exchange, with coins trading at $350.
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