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Bitcoin Retreats to $110K Amid Job Losses

09.09.2025 22:17

Bitcoin experienced a significant dip, falling back to the $110,000 mark. This market downturn coincided directly with the release of alarming revised employment figures from the United States, which revealed that nearly a million jobs, previously believed to have been created, had effectively vanished from the economic landscape.

The U.S. Bureau of Labor Statistics delivered a stark announcement, dramatically recalibrating its previous estimates for job growth. For the year concluding in March 2023, the national economy reportedly added approximately 911,000 fewer positions than initial assessments had suggested. This substantial downward adjustment in employment data sent ripples through financial markets, immediately impacting digital assets.

Referred to by some analysts as a "bombshell" revision, this significant recalculation involved subtracting precisely 911,000 jobs from the Current Employment Statistics (CES) national benchmark. Such a considerable reduction indicates that the labor market was considerably weaker than widely perceived, challenging earlier narratives of robust economic expansion. The unexpected contraction in reported job creation spurred a wave of uncertainty, contributing to Bitcoin's notable price retreat.