· Geral
Weak US employment data pushes Bitcoin above $86k
The US added only 29,000 jobs in September, well below expectations, while the unemployment rate rose to 4.2%. The weak labor market news shifted expectations toward a possible pause in Federal Reserve rate hikes, creating a more favorable environment for risk assets. Bitcoin responded positively, rising more than 2% in the last 24 hours and reaching levels close to $87k. Reports indicate there was a return of demand in Bitcoin ETFs and liquidations of short positions that accelerated the upward movement. The macroeconomic context remains volatile. The 10-year US Treasury yield touched 5.34% in early October, its highest level since 2002, but has been declining since then. In the third quarter, this yield rose nearly 90 basis points — the largest quarterly increase this century — and yet Bitcoin gained approximately 43% in the period. The next important economic data (CPI and payroll) remain on the radar of markets and could influence volatility in the coming days. https://www.coindesk.com/markets/2026/10/02/u-s-added-just-29-000-jobs-in-sep… https://decrypt.co/379932/uptober-off-with-a-bang-as-bitcoin-surges-to-86k https://cryptoslate.com/bitcoin-sees-big-overnight-rally-as-etf-demand-return… How do you assess the relationship between weak macroeconomic data and Bitcoin's recovery? Do you think this movement is sustainable?