Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower

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Bitcoin briefly surpassed $87,000 on Friday, but order-book resistance prevented it from reaching new multi-month highs. September US nonfarm payrolls came in far below expectations at just 29,000 versus the anticipated 84,000, while August figures were revised lower from 162,000 to 133,000. US bond yields fell for a second consecutive day, with the 10-year yield at 5.2%. Traders scaled back hawkish bets on Federal Reserve rate hikes, with the probability for an October increase dropping from 64% to 18%.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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