U.S. Unemployment for September came in at 4.4% — slightly higher than the expected 4.3%.
This softer labor figure increases the likelihood of an upcoming interest rate cut, as the Federal Reserve tends to ease policy when the job market cools.
What does this mean for Bitcoin?
Lower interest rates = more liquidity in the market.
More liquidity = stronger support for risk assets like Bitcoin.
In short, this data boosts the probability of a bullish move for BTC.
