In Trump crypto news, US employers added 162,000 jobs in August, far above the roughly 65,000 economists had expected, while the unemployment rate held steady at 4.1%.
Bitcoin’s reaction was immediate: the asset slid from above $81,000 into a range spanning the high-$78,000s to low-$80,000s as traders repriced expectations for near-term Federal Reserve policy.
The question now is whether a single strong report derails a rally that institutional flows have spent weeks rebuilding, or simply adds uncertainty ahead of the September 15–16 meeting.
Why the Jobs Report Revived Rate-Hike Bets
August’s payroll growth was well above the roughly 31,000 average monthly gain recorded over the trailing 12 months, marking a sharp rebound from the softer hiring seen earlier in the summer.
That kind of acceleration weakens the case for immediate rate cuts and gives the Fed more reason to hold, or potentially tighten, policy at its next meeting.
Traders responded by increasing expectations that the Fed could raise rates rather than cut them, a repricing that showed up quickly in Bitcoin’s price action.
The shift reflects market expectations ahead of the meeting rather than a policy decision, but those expectations can influence risk assets before the Federal Open Market Committee delivers its verdict.
Trump Crypto News: Lower-Rate Push Meets a Hawkish Data Signal
Donald Trump used Truth Social to press the Federal Reserve to lower rates, arguing that the United States had become a stronger credit and should have lower borrowing costs. He also criticized the Fed Board’s approach and called on it to act patriotically.
The market’s reaction moved in the opposite direction. A stronger labor market is typically read as reducing the urgency for cuts, and traders raised rate-hike expectations after the report rather than pricing in the easing Trump was seeking.
Why Bitcoin Is Exposed to the Fed Debate
Bitcoin’s sensitivity to Fed policy has been on display through the summer. Fed Chair Kevin Warsh’s hawkish Jackson Hole speech sent Bitcoin down to $77,000 and pushed rate-hike odds to 57%, illustrating how policy language can move prices before an actual decision.
That reversed on September 3, when Fed Governor Christopher Waller’s more neutral remarks triggered a 5% rally in Bitcoin and coincided with $730.8M in net inflows into Bitcoin ETFs.
Rate-hike odds subsequently fell toward 50%, leaving markets close to a coin toss between a hike and a hold heading into the jobs report, even with Trump putting pressure on the Fed via his crypto social media platform.
The inflow figure is notable because institutional demand continued even as rate expectations shifted. The August jobs numbers moved sentiment back toward the hawkish side, but it did not change the recently strengthened ETF flows.
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Trump Crypto News: What the September Fed Meeting Could Mean for Bitcoin
In other Trump crypto news, the September 15–16 meeting is the next decision point, while the period leading up to it remains focused on adjusting expectations.
If strong labor data keeps rate-hike expectations elevated into the meeting, restrictive policy would remain the central concern for Bitcoin and other risk-sensitive assets.
An unexpected cut could trigger a sharper Bitcoin rally, given the recent strengthening in institutional ETF flows. However, a cut prompted by a serious economic slowdown would carry a different signal.
Past scenarios indicate that crypto could initially sell off if easing is tied to visible economic deterioration rather than a more favorable policy backdrop.
For now, markets remain close to a genuine toss-up between a hike and a hold, with the August jobs report tilting sentiment toward the hawkish side without settling the outcome.
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