BlockBeats news, on September 4, according to Coinglass data, non-farm payrolls significantly exceeded expectations, causing the crypto market to plunge, with Bitcoin rapidly dropping below $80,000. As a result, over $200 million in total positions were liquidated globally in the past hour, including $186 million in long positions.
Nonfarm Payrolls Exceed Expectations, Crypto Market Plummets, Over $200M in Liquidations in One Hour
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Summary
Value investing in crypto faces a test as market trends shifted sharply on September 4, 2026, following strong nonfarm payroll data. Bitcoin fell below $80,000, and Coinglass reported over $200 million in liquidations within one hour, with $186 million from long positions. Market conditions immediately came under pressure as traders responded to macroeconomic signals.
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