Bitcoin Price Today: BTC Holds $80,000 Before The Biggest Week Of The Month

Bitcoin is trading at $79,985, up 0.36% in 24 hours and around 2.5% on the week. That flat number hides a violent five days. BTC touched $82,240 on Friday, its highest level since May, then lost more than 4% in the space of an hour. Everything now hangs on a single inflation print.

Where is the Bitcoin price today?

$BTC sits just above $79,900 with a market capitalisation of $1.6 trillion and 24-hour volume near $19.8 billion. The weekly gain of 2.5% makes Bitcoin one of the steadier large caps right now, but the year-to-date figure is still minus 8.6%.

That is the frame worth keeping. Bitcoin has recovered roughly 37% from its June low, and it is still deep in the red for 2026. This is a rebound inside a bear market until proven otherwise.

Why did the Bitcoin price fall after the jobs report?

Thursday set the trap. ADP employment came in at 38,000 against 47,000 expected, rate-hike expectations softened, and BTC broke $80,000 with roughly $93 million of short positions liquidated on the way up. It reclaimed the 200-day EMA for the first time since June. By early Friday in Europe it printed $82,240, a gain of 6.8% in 24 hours.

Then the August employment report landed. Nonfarm payrolls rose 162,000 against a consensus near 56,000, close to triple the estimate. Unemployment held at 4.1%, wage growth eased to 3.1% year on year, and June and July were revised higher by a combined 55,000 jobs.