Bitcoin Dives Below $111K As Weak U.S. Jobs Send Fed Rate Cut Signals

• Bitcoin shows significant volatility following disappointing U.S. nonfarm payrolls data.
• Price falls from $113,400 to below $111,000, raising questions about market stability.

On September 5, 2025, Cointelegraph reported that Bitcoin experienced notable price volatility after the release of disappointing U.S. nonfarm payrolls data for August. The report showed that only 22,000 jobs were added during the month, significantly below the forecasted 75,000. This outcome has heightened expectations for a Federal Reserve interest rate cut at its upcoming September 17 meeting.

Following the labor market report, Bitcoin briefly surged to $113,400 before retreating sharply to under $111,000. This decline surprised market participants who had anticipated a sustained rally in response to the increased likelihood of monetary easing. Analysts view this volatility as indicative of market uncertainty, with some predicting Bitcoin could test the $100,000 support level if bearish sentiment persists.

The broader U.S. jobs report revealed downward revisions to employment figures from previous months, signaling a "rapidly deteriorating" labor market. While the weakening U.S. dollar buoyed gold to record highs, Bitcoin traders remained split on its trajectory. Market participants are closely monitoring key resistance and support levels that could determine whether Bitcoin rebounds in the near term.

As of September 5, 2025, 16:11 UTC, Bitcoin (BTC) is trading at $110,736.99, with a 0.97% increase in 24-hour trading volume, according to the latest market data. Bitcoin’s current market cap dominance stands at 58.023%.