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Bitcoin Gains as U.S. Nonfarm Payrolls Comes In Way Below Expectations

CoinGape·October 2, 2026·1 min read
Bitcoin Gains as U.S. Nonfarm Payrolls Comes In Way Below Expectations

Bitcoin climbed above $86,000 after U.S. nonfarm payrolls came in at 29,000, well below expectations. The weak jobs data crushed expectations of an October Fed rate hike, which is positive for BTC. The cryptocurrency gained on the day as traders reacted to the economic news.

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