Bitcoin tops $86,000 ahead of U.S. jobs report

Image for article Bitcoin tops $86,000 ahead of U.S. jobs report
News Source : CoinDesk

News Summary

  • Bitcoin is up roughly 3% in October as traders await September’s jobs data, while rising bond yields, a stronger dollar weigh on broader markets.
  • Bitcoin BTC $84,821.09 briefly topped $86,885 on Friday ahead of the latest u.s. jobs figures.
  • The unemployment rate is expected to remain unchanged at 4.1%, while nonfarm payrolls are forecast to increase by 90,000 in September.
  • However, the euro has fallen to around $1.12, its lowest level since May 2025.
Bitcoin BTC $86,318.41 briefly topped $86,885 on Friday ahead of the latest U.S. jobs figures. The largest cryptocurrency by market capitilization eased to around $86,000 but remains around 1.

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