US adds only 29K jobs in September; Bitcoin rises on rate-cut bets
- —Nonfarm payrolls came in at 29K vs 89K expected and 162K prior
- —Unemployment rate rose to 4.2% versus 4.1% expected
- —Bitcoin trades near $86,900 after breaking out of the $82K–85K range
Why it matters: A weaker labor market raises the odds of Fed rate cuts, supporting demand for risk assets including Bitcoin.
Source: Bitcoin Sistemi