U.S. jobs data came in weaker than expected, with only 29,000 jobs added in September and unemployment rising to 4.2%. Bitcoin initially jumped above $87,000 as traders expected a less aggressive Federal Reserve, but later pulled back toward $85,000. The report sharply reduced expectations of an October Fed rate hike, which can support risk assets like Bitcoin. However, rising oil prices and upcoming U.S. inflation data on October 14 could create further market volatility. Analysts are watching $90,000 as an important potential Bitcoin level. $BITCOIN
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