Bitcoin holds near $86,000 as weak US jobs data lowers October Fed rate hike expectations
Bitcoin traded near $86,000 on Tuesday, buoyed by expectations of eased US monetary policy following weak September jobs data. The cryptocurrency's price increased by 0.23%, while Ethereum fell by 0.35%. Market analysts expect an October 28 Federal Reserve pause, with upcoming FOMC minutes and CPI data serving as critical indicators for future trends.