QuantCapBitcoin trades above $86,000 as gold and tech futures rise, with investors expecting 90,000 new U.S. jobs and unemployment to hold at 4.1%.
Bitcoin holds above $86,000 as markets await U.S. jobs report
Bitcoin is up almost 2% over the past 24 hours, trading above $86,000 as markets await the week’s biggest macroeconomic release, the U.S. jobs report. The unemployment rate is expected to hold steady at 4.1%, with nonfarm payrolls forecast to rise by 90,000.
Precious metals are also edging higher, with gold trading just below $4,200 an ounce and silver above $61. WTI crude oil has fallen 4% over the past 24 hours to below $90 a barrel, while the U.S. 10-year Treasury yield has eased slightly to 5.22%. While, tech futures are also up roughly 0.60%.
The U.S. Dollar Index (DXY) remains strong above 102.
1Cboe wants to turn VIX into a never-ending trade15 minutes ago 2Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%1 hour ago 3Bitcoin open interest jumps $2.3 billion as traders pay more for bullish positions2 hours ago 4Tether's USDT is 'coming home' to Bitcoin this month over a decade after debut there3 hours ago 5Bitcoin tops $86,000 ahead of U.S. jobs report3 hours ago 6SEC proposes new crypto custody rules for investment advisers and funds15 hours ago 7Another Trump memecoin dinner advertised for token's top investors16 hours ago 8 Crypto for Advisors: The CLARITY Act failed, but the rules came anyway20 hours ago 9NEAR Intents hit by $3.8 million exploit as crypto's rough year of hacks continues21 hours ago 10Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report23 hours ago
The Definitive Stablecoin Landscape Series: Asia Pacific
The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Tether's USDT is 'coming home' to Bitcoin this month over a decade after debut there
NEAR Intents hit by $3.8 million exploit as crypto's rough year of hacks continues
Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report