SteelWater daily crypto read · 3 Oct 2026
Bitcoin slips back to around $84,500 after a weak September jobs report briefly pushed it above $86,000, as a fresh high in the 10-year Treasury yield capped the rally.
Sentiment 55/100 (Cautious)
S. government's September jobs report. S. economy added last month, and traders watch it closely because a strong number makes the Federal Reserve more likely to raise interest rates to cool the economy, while a weak number makes a hike less likely. 1%.