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Jobs Report Miss Sends Bitcoin and Stocks Higher as Rate Hike Odds Fall

CoinCentral·October 2, 2026·1 min read
Jobs Report Miss Sends Bitcoin and Stocks Higher as Rate Hike Odds Fall

The US added only 29,000 jobs in September, far below the 90,000 forecast, and unemployment rose to 4.2%. Bitcoin traded just under $87,000 after the report, while Nasdaq futures rose 1.2%. Odds of a second Federal Reserve rate hike fell as investors reacted to the weak data.

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