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Market<a href="https://xpertsstudio.com/bitcoin-holds-above-80800-as-bulls-target-85k-ahead-of-nfp/” title=”Bitcoin holds above $80,800 as bulls target $85k ahead of NFP”>BitcoinSocialSocialFBTop NewsUnited States
Sep 4, 2026
< 1min read
byJordan Lyanchev
forCryptoPotato
As August closed crypto markets showed renewed bullish sentiment with BTC finishing the month in the green for the first time in the bear market and several altcoins posting major weekly gains. However a Friday jobs report reversed momentum after BTC briefly topped $81,000 earlier in the week before sliding to just under $80,000, highlighting macro risk for price, DeFi and DEX activity and near-term adoption signals.
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It was another eventful week in the cryptocurrency markets as August closed, with BTC ending in the green for the first time during a bear market, further signaling a major shift in sentiment. However, Friday’s jobs report flipped the script again.
Before we dive into all of that, let’s rewind the clock by a week and see what the landscape was last Friday. Despite briefly surging past $81,000 on a couple of occasions, BTC was quickly halted and driven south to just under $80,000. Most altcoins, though, produced major weekly gains.
Source: cryptorank.io