Bitcoin price may rebound to $76,000
2026-09-05 02:33:55
According to CoinMeta, the price of Bitcoin failed to break through $82,000 on September 4 and then fell back. This was influenced by U.S. employment data that was stronger than expected, leading to an increase in Treasury yields and a decrease in demand for risky assets. Bitcoin once rose to $82,281 on Friday, but was then pressured by selling orders, causing the price to drop back to $79,224. The current price of Bitcoin is around $79,560, which is a 2.1% decline from the opening price of $81,270. Analysts point out that if the price of Bitcoin remains below $78,125, there may be an increased risk of a pullback to $76,000.
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Source:Cryptonews
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