Bitcoin, gold and tech futures edge higher as markets await U.S. jobs report

Bitcoin, gold and tech futures edge higher as markets await U.S. jobs report

Bitcoin trades above $86,000 as gold and tech futures rise, with investors expecting 90,000 new U.S. jobs and unemployment to hold at 4.1%.

U.S. Jobs Data Drops Today — Will It Push Bitcoin Higher or Trigger Another Sell-Off?

The September jobs data, due at 8:30 a.m. ET on October 2, will affect Bitcoin by shifting expectations for interest rates, Treasury yields, and the U.S. dollar. Economists expect the U.S. to have added 90,000 jobs in September, down from 162,000 in August. The unemployment rate is expected to remain at 4.1% for a third […] Read The Full Article U.S. Jobs Data Drops Today — Will It Push Bitcoin Higher or Trigger Another Sell-Off? On Coin Edition.

U.S. Jobs Data Drops Today - Will It Push Bitcoin Higher or Trigger Another Sell-Off?

U.S. jobs data will shape Fed rate expectations and Bitcoin’s next price move. A weak jobs report supports BTC through lower yields and a softer dollar. However, strong jobs data raises rate fears, lifting yields and pressure on Bitcoin. The September jobs data, due at 8:30 a.m. ET on October 2,...