Bitcoin Holds Near $86,000 as Weak Jobs Data Dims Fed Hike Bets

T2Covered by 1 source · first reported by Gadgets360 (NDTV) via FeedBurner at 06 Oct, 06:34 UTC

Bitcoin is holding near $86,000 after briefly approaching $87,000, with weaker US jobs data reducing expectations of an October Federal Reserve rate hike. Large purchases by Strive and Strategy are supporting sentiment, while elevated Treasury yields and mixed ETF flows could keep the recovery…