Bitcoin Rallies After Weak Jobs Report 📈
Bitcoin jumped from around $86,450 to nearly $87,230 after September payrolls came in at just 29K, well below the 90K forecast. BTC later eased back below $86K, showing resistance near the $87K area.
The weak data pushed Treasury yields lower and reduced expectations of another Fed rate hike, supporting Bitcoin and other risk assets. Can BTC break and hold above $87K next?
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