113K – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 10 Sep 2025 13:18:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 113K – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Bitcoin jumps to $113k as US producer prices shock with surprise August drop https://earlybirdsinvest.com/bitcoin-jumps-to-113k-as-us-producer-prices-shock-with-surprise-august-drop/ https://earlybirdsinvest.com/bitcoin-jumps-to-113k-as-us-producer-prices-shock-with-surprise-august-drop/#respond Wed, 10 Sep 2025 13:18:45 +0000 https://earlybirdsinvest.com/bitcoin-jumps-to-113k-as-us-producer-prices-shock-with-surprise-august-drop/

US producer prices fell in August, reinforcing a weaker inflation outlook just a day after major revisions showed US employment levels overstated by nearly one million jobs.

The Bureau of Labor Statistics reported that the Producer Price Index declined 0.1 percent on the month, below forecasts for a 0.4 percent increase. Core PPI also fell 0.1 percent, with annual readings slowing to 2.8 percent from 3.4 percent in July.

US PPI data (Source: Trading Economics)
US PPI data (Source: Trading Economics)

The release follows last week’s data showing August nonfarm payrolls added only 22,000 positions, while unemployment rose to 4.3 percent. A separate benchmark revision revealed total employment had been overstated by 911,000 jobs, bringing the cumulative downward adjustment over the past year to 1.5 million.

Treasury Secretary Scott Bessent said the corrections showed the Federal Reserve maintained restrictive policy based on incomplete data.

Average hourly earnings rose 0.3 percent on the month and 3.7 percent from a year earlier, matching forecasts.

Combined with revised productivity figures showing a 3.3 percent gain in the second quarter and unit labor costs up just 1 percent, the inflation backdrop has eased. Still, services inflation remains firm, with the ISM prices index near 69 in August.

Markets rallied on the softer PPI print, viewing it as support for Federal Reserve rate cuts at the September policy meeting.

Bitcoin rose 1.1 percent to $113,449, while Ethereum gained 1.2 percent to $4,372. The S&P 500 climbed 0.34 percent to $654, extending earlier gains as investors priced in easier financial conditions.

]]> https://earlybirdsinvest.com/bitcoin-jumps-to-113k-as-us-producer-prices-shock-with-surprise-august-drop/feed/ 0 57720 Shocking 22k US jobs report fuels $113k Bitcoin as rate cut odds explode https://earlybirdsinvest.com/shocking-22k-us-jobs-report-fuels-113k-bitcoin-as-rate-cut-odds-explode/ https://earlybirdsinvest.com/shocking-22k-us-jobs-report-fuels-113k-bitcoin-as-rate-cut-odds-explode/#respond Fri, 05 Sep 2025 15:27:05 +0000 https://earlybirdsinvest.com/shocking-22k-us-jobs-report-fuels-113k-bitcoin-as-rate-cut-odds-explode/

Bitcoin rose above $113,000 on Friday as U.S. payrolls increased by 22,000 and the unemployment rate ticked up to 4.3 percent, pushing traders to price a September Federal Reserve rate cut with near certainty.

Per the Bureau of Labor Statistics release, private employers added 38,000 jobs, government payrolls fell by 16,000 and manufacturing lost 12,000.

Average hourly earnings rose 0.3 percent on the month and 3.7 percent on the year, the labor force participation rate edged up to 62.3 percent and average weekly hours held at 34.2. The U-6 underemployment rate reached 8.1 percent.

Bitcoin traded above the $113,000 level during the session while hovering just below that mark on real-time charts.

The weak headline gain followed a week of incremental softening across higher-frequency indicators. Initial jobless claims rose by 8,000 to a seasonally adjusted 237,000, while private-sector payroll growth in the ADP series cooled, reinforcing evidence of slower hiring, according to Trading Economics data

Separately, the services side of the economy improved but showed persistent price pressure: the ISM Services PMI firmed in August, new orders advanced, and the prices-paid index eased only slightly to a still-elevated 69.2.

On costs, the Labor Department revised second-quarter nonfarm productivity up to a 3.3 percent annualized pace and unit labor costs down to 1.0 percent, a combination that supports disinflation at the margin.

Trade flows added another piece to the macro picture. The U.S. goods and services deficit widened to $78.3 billion in July as imports rebounded, the largest gap since early spring, per the latest joint release from the Bureau of Economic Analysis and Census Bureau. That pattern points to resilient domestic demand and front-loading related to tariff policy, even as hiring momentum slows.

Rate expectations adjusted quickly after the August payrolls figures. Futures implied probabilities tracked by the CME FedWatch Tool showed markets treating a September reduction as a base case, with some chance of a larger move discussed in rates commentary during the trading day.

The chance of a 50bps cut sat at 0% yesterday but has now jumped to 12%, while the 3.6% chance of no cut has evaporated to 0%.

The setup is straightforward for crypto: a softer labor market and contained wage growth raise the probability of easier policy, which has historically supported liquidity conditions that can lift risk assets, including Bitcoin.

The mix of slower hiring, firm services demand, and improving productivity leaves the policy debate finely balanced heading into the September 16–17 meeting.

If service inflation pressure, captured in ISM prices, moderates alongside cooling labor conditions and lower unit labor costs, the Fed has room to begin a measured easing cycle, a backdrop that crypto markets have already started to discount.

The committee’s decision will finalize the near-term path for dollar liquidity and duration, and by extension, the tone for digital asset trading into quarter-end.

The Fed meets September 16–17.

Bitcoin Market Data

At the time of press 3:21 pm UTC on Sep. 5, 2025, Bitcoin is ranked #1 by market cap and the price is up 1.61% over the past 24 hours. Bitcoin has a market capitalization of $2.23 trillion with a 24-hour trading volume of $54.3 billion. Learn more about Bitcoin ›

Crypto Market Summary

At the time of press 3:21 pm UTC on Sep. 5, 2025, the total crypto market is valued at at $3.85 trillion with a 24-hour volume of $148.51 billion. Bitcoin dominance is currently at 57.87%. Learn more about the crypto market ›

]]> https://earlybirdsinvest.com/shocking-22k-us-jobs-report-fuels-113k-bitcoin-as-rate-cut-odds-explode/feed/ 0 56904 Bitcoin Hits $113K as BTC Dominance Approaches Two-Week High of 59% https://earlybirdsinvest.com/bitcoin-hits-113k-as-btc-dominance-approaches-two-week-high-of-59/ https://earlybirdsinvest.com/bitcoin-hits-113k-as-btc-dominance-approaches-two-week-high-of-59/#respond Fri, 05 Sep 2025 08:56:32 +0000 https://earlybirdsinvest.com/bitcoin-hits-113k-as-btc-dominance-approaches-two-week-high-of-59/

Bitcoin’s (BTC) price recovery has gathered traction in the lead up to Friday’s U.S. jobs report.

The leading cryptocurrency by market value rose to $113,000, its highest level since Aug. 28, and recorded its first higher high since the mid August all time peak of $124,000, according to CoinDesk data.

In technical terms, a higher high signals a potential bullish reversal in trend as the price surpasses its previous short term peak.

Bitcoin’s market dominance, representing its share of the total crypto market, also climbed to a two week high of nearly 59%, up from a low of 57.5%. It points to renewed capital inflows into bitcoin, a shift from recent market dynamics characterized by whales rotating out of BTC and into ether.

Max pain-led bounce?

BTC’s price bounce from Asian session lows may have been catalyzed by the max pain theory, which suggests that prices gravitate toward the max pain level as options expiry nears.

Bitcoin BTC$112,638.70 options worth $3.28 billions expired at 8:00 UTC on Deribit, with max pain at $112,000. It is the price level where options buyers suffer the biggest loss.

According to the theory, as expiry nears, option sellers, typically institutions with ample capital supply, look to push the spot price toward the max pain point in a bid to inflict maximum pain on option buyers. They do so by trading the underlying asset in the spot/futures market.

BTC’s price rose above $112,000 early Friday in the lead up to the expiry, aligning with the max pain theory almost perfectly for the first time. The max pain theory is widely discussed and considered valid in traditional markets, where it is used to anticipate price movements near options expiry. However, some crypto pundits remain uncertain about whether the theory operates effectively in the bitcoin market.

Traders are now awaiting the U.S. jobs report at 8:30 ET for the next potential driver.

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