Key Highlights: The U.S. added 29,000 jobs in September, well below the 90,000 consensus forecast. The unemployment rate rose to 4.2%, while earlier job gains were revised lower. Markets increased expectations that the Federal Reserve could hold interest rates as wage growth slowed. U.S. Jobs Growth Slows Sharply in September The U.S. labor market weakened ...
Key Highlights: Bitcoin traded above $86,000, gaining 3.4% in 24 hours ahead of the U.S. jobs report. SKY, AAVE and APT rose 7% to 10%, leading gains among the 100 largest cryptocurrencies by market value. Markets are focused on how the jobs data affects Treasury yields, particularly inflation-adjusted real yields. Bitcoin Leads Broad Crypto Market ...
Key Highlights: Bitcoin is testing the $85,000–$85,500 resistance zone after reclaiming $80,000. Ethereum is holding near $2,650–$2,700, with $2,800–$2,900 the next major resistance area. Institutional flows, easing yields, Federal Reserve expectations and the U.S. jobs report are shaping the crypto market outlook. Crypto Market Recovery Gains Momentum Ahead of U.S. Jobs Report The cryptocurrency market ...
Key Highlights: Bitcoin open interest rose to approximately 653,000 BTC, or $56.2 billion, ahead of Friday’s U.S. jobs report. Open interest increased by about 27,000 BTC, or $2.3 billion, from Sept. 30 as Bitcoin climbed from roughly $83,500 to $86,500. The perpetual funding rate rose from around 3% to 10%, indicating that long-position traders are ...
Key Highlights Bitcoin briefly climbed above $86,885 on Friday ahead of the latest U.S. jobs report. Bitcoin remained about 1.5% higher on the day and roughly 3% higher in October after easing to around $86,000. Investors are watching September employment data as elevated Treasury yields and a stronger U.S. dollar continue to influence risk assets. ...
Oil is increasingly driving the rates market, with the U.S. 10-year Treasury yield rising to 4.78%. Traders now see roughly 64% odds of an interest-rate…