5 Articles
5 Articles
Bitcoin leads crypto market rebound above $85K as short liquidations accelerate
Crypto markets rose on Friday as total market capitalisation reached $3.042 trillion, with Bitcoin reclaiming $85,000 amid easing Treasury yields and a short squeeze. Bitcoin gained about 2%, while Ethereum held above $2,700. Investors now await US jobs data for clues on Treasury yields, the dollar and crypto’s next move.
Bitcoin tops $86,000 ahead of U.S. jobs report
Bitcoin tops $86,000 ahead of U.S. jobs report Bitcoin is up roughly 3% in October as traders await September’s jobs data, while rising bond yields, a stronger dollar weigh on broader markets. Bitcoin briefly topped $86,885, with U.S. payrolls expected to rise by 90,000 and unemployment forecast…
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