TechnologyBitcoin Near $86,000 as Weak US Jobs Data Cools Fed Hike Hopes
Bitcoin remains near $86,000 after briefly nearing $87,000, supported by large purchases from Strive and Strategy. Weaker US jobs data has lowered expectations for a Federal Reserve rate hike in October. Despite elevated Treasury yields and mixed ETF flows, the market recovery is expected to be cautious and measured.
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