*Walter Bloomberg|Oct 01, 2025 14:07
BITCOIN JUMPS ON WEAK JOBS DATA, FED CUT BETS
Bitcoin hit a two-week high of 116,910 after ADP reported a 32,000 job loss in September (vs. +45,000 expected), fueling expectations of a Fed rate cut on Oct. 29. Lower rates support risk assets, while seasonality also favors crypto—Bitcoin has gained in 10 of the past 12 Octobers.(*Walter Bloomberg)
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