CoinEx News: The U.S. will release its August jobs report on September 4, the last monthly employment update before the Fed’s September 15–16 meeting. After job losses in July, investors will look for signs that hiring is stabilizing. Wages and unemployment will also help show whether the economy is slowing gradually or facing deeper trouble.

The more favorable outcome for Bitcoin is slower hiring, stable unemployment and easing inflation. That combination would reduce pressure on the Fed to raise interest rates without raising fears of a recession, offering support for BTC. A sharp rise in job losses, however, could hurt Bitcoin as investors move away from risky assets. The key is a gradual slowdown, not a sudden slump. The September 11 inflation report will help show whether price pressures are easing enough to make that outlook more favorable.