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US Employment Data Sends Bitcoin Surging Above $86K

Guavy AI Editorial Team Published October 2, 2026

Instruments

BTC USDT XRP

A weak US employment data release has pushed Bitcoin's price above $86,000.

The data showed that non-agricultural employment rose by 29,000 in September, but the unemployment rate increased to 4.2%.

Meanwhile, Tether-backed Utexo is preparing to transfer USDT to the Bitcoin network after a $7.5 million investment.

In other news, XRPN will start trading on the Nasdaq stock exchange on October 8, while the SEC and CFTC are working on new joint regulations.

The Wire

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