Crypto
Bitcoin Hits $87,000 as US Jobs Data Shifts Rate-Hike Odds
Bitcoin (BTC) surged past $87,000 on October 2 following weak U.S. jobs data that reduced expectations for another Federal Reserve rate hike this month.
The nonfarm payrolls rose by just 29,000, far below the predicted range of 84,000 to 90,000, leading to a decline in inflation and employment concerns.
Ripple (XRP) made significant progress on native XRPL lending plans with the introduction of closed-ended lending vaults and cash-basis accounting through its LendingProtocolV1_1 amendment for validator voting.