The cryptocurrency reclaimed $93K early Thursday morning, then suddenly retreated and fell to $86K.
Unemployment Fears May Have Just Sent Bitcoin Tumbling Once More
The U.S. Federal government machinery whirred to life after a record 43-day shutdown, and now key macroeconomic data, though somewhat stale, is beginning to trickle in. Thursday saw the U.S. Bureau of Labor Statistics (BLS) finally deliver its highly anticipated jobs report for September, showing the U.S. economy added 119,000 jobs, but also that unemployment crept up to 4.4% from 4.3%. Bitcoin dipped on the news, entering $86K territory for the first time since April 2025.
BTC
81,338
-0.17%
ETH
2,396.99
+0.15%