Bitcoin rose around 1% to roughly $84,800 as U.S. Treasury yields retreated sharply ahead of Friday's September jobs report.
The 10-year Treasury yield fell about 9.4 basis points to 5.217% after reaching 5.36% earlier in the session.
Expectations for another Federal Reserve rate hike in October dropped sharply, with market-implied odds falling to around 30% from 70% earlier this week.
#bitcoin
#BinanceSquareFamily
The 10-year Treasury yield fell about 9.4 basis points to 5.217% after reaching 5.36% earlier in the session.
Expectations for another Federal Reserve rate hike in October dropped sharply, with market-implied odds falling to around 30% from 70% earlier this week.
#bitcoin
#BinanceSquareFamily