Bitcoin briefly traded in the $78,000 range as stronger-than-expected U.S. employment data reinforced expectations that the Federal Reserve could raise interest rates in September. Nonfarm payrolls rose by 162,000 in August, nearly three times the consensus forecast cited in the latest report, while CME FedWatch put the probability of a September increase at 58.4%, up 9 percentage points from the previous day. Major U.S. stock indexes closed lower on Sept. 4, with the Dow Jones Industrial Average down 0.51%, the S&P 500 off 0.38% and the Nasdaq Composite lower by 0.29%. Treasury yields and the dollar rose, intensifying pressure on rate-sensitive assets. The two-year Treasury yield reached 4.379%, the 10-year yield climbed to 4.783%, and the dollar index rose 0.21% to 99.17. President Donald Trump again called for sharply lower interest rates and tied his demands to U.S. trade policy. Oil also advanced as fighting involving Yemeni government forces and rebels in the Bab el-Mandeb Strait raised supply-disruption concerns. Investors are focused on the August consumer-price index as they assess the Fed's next policy decision.