The real story today was not a broad crypto breakdown. It was a macro reset with selective strength underneath. 🧭 Bitcoin slipped below $80,000 to around $79,600 after the August jobs report showed 162,000 new jobs versus expectations near 55,000. The hotter data pushed the 10 year Treasury yield toward 4.80%, strengthened the dollar and reduced near term hopes for Fed easing. Long liquidations dominated the flush, so this looked more like a crowded positioning unwind than a structural trend change. The institutional bid is still there. U.S. spot Bitcoin ETFs took in roughly $175M on Friday, following $731M on September 3. The week added close to $987M, while the strongest three week streak of 2026 reached about $3.8B. That demand is helping keep the high $70Ks relevant even as price cools. The standout trade was privacy. DASH surged more than 40% on heavy volume, ZEC held above $1,000 and XMR gained around 5%. The move reflects sector rotation, Dash’s latest platform upgrades and continuing interest in privacy infrastructure, but DASH is also showing overbought conditions after a near vertical move. ⚠️ ETH fell about 2.2%, XRP dropped roughly 3.3% and broader market capitalization declined around 1.5%. Macro pressured the majors. ETF flows and privacy coins showed the market is not abandoning risk, just becoming much more selective.