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Bitcoin Stalls Above $85,000 as Weak Jobs Report Cuts Odds of an October Rate Hike

Unchained·October 5, 2026·1 min read
Bitcoin Stalls Above $85,000 as Weak Jobs Report Cuts Odds of an October Rate Hike

Bitcoin stalled above $85,000 as a weak September jobs report lowered the odds of another Fed rate hike in October. The rally toward its late-September peak ran out of steam short of $87,000, leaving bitcoin trading in a narrow range.

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