Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-09-04
16:28
0

BTC consolidates in a narrow range, up 0.02%; NFP data far exceeds expectations, while escalating Middle East conflict weighs on rate-cut expectations

On September 4, 2026, from 12:00 to 16:00 (UTC), BTC traded within a narrow range over four hours, ultimately closing up 0.02%, with a price range of 81,134.8–81,268.4 USDT and an amplitude of 0.16%. Over the past 24 hours, BTC fell from a high of around $82,278 to approximately $78,885, down 2.03%, as the market entered a brief consolidation after the NFP data release but continued to trend lower overall. The main driver of this move was the U.S. August NFP data, which far exceeded expectations
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BTC-0.71%
BZ1.37%
USIDX0.04%
16:16
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ETH’s 4-hour price rose 0.06%, while hawkish Fed expectations weighed on risk Assets, putting prices under downward pressure and causing them to fall back.

From 12:00 to 16:00 on September 4, 2026 (UTC), ETH formed a doji candlestick, rising slightly by 0.06% to close at 2,522.67 USDT. Its price ranged from 2,520.81 to 2,525.40 USDT, with an amplitude of just 0.18%. Trading activity was light, and sentiment was highly cautious. The primary driver of this move was the continued pressure on risk Assets from hawkish expectations surrounding the FED. The market expects the FED to maintain its hawkish stance and delay rate cuts, while a stronger Dollar
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ETH0.21%
BTC-0.71%
ZEC-3.47%
HYPE-3.29%
BTBT0.30%