Bitcoin hits 86,500 amid jobs report
Bitcoin rose to around $86,650, continuing its positive performance at the start of October amid hopes of repeating its historic monthly gains known as the "October rally." The currency recorded weekly gains of 2.6%, marking the third consecutive increase after recouping most of its losses since the beginning of the year, despite declines caused by global concerns such as threat of tariffs and fears related to artificial intelligence. It is worth noting that Bitcoin has historically exhibited positive patterns in October, with an average gain of 27.4%, and the market continues to anticipate further gains this month.
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