Why Is Dogecoin Down?
Dogecoin dropped after the U.S. added 162,000 jobs in August, triple the 53,000 economists expected.
Overview
Dogecoin (CRYPTO: DOGE) is down 4.6% in the last 24 hours as of 5:30 p.m. ET on Sept. 4, 2026, after much stronger-than-expected jobs released today, sending odds of a rate hike higher.
The S&P 500 and the Nasdaq Composite both dropped in Friday's trading, losing 0.4% and 0.3%, respectively.
Details
The August jobs report from the Bureau of Labor Statistics showed the economy added 162,000 jobs, well ahead of the consensus expectations of 53,000.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.