October Fed Rate Cut Odds Rise After Weak U.S. Labor Data, Bitcoin Surges

U.S. private payrolls unexpectedly fell in September, raising market bets that the Federal Reserve will cut rates in October. This has coincided with a rise in Bitcoin price. Economists had expected an increase of 50,000 following a revised gain of 54,000 in August. Market Participants Expect Fed Rate Cuts After Weak Payroll Data The ADP

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