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The Economic Times

Business

Surbhi Khanna

Bitcoin holds near $86,000 as weak US jobs data lowers October Fed rate hike expectations

Bitcoin US Federal Reserve United States Crypto Riya Sehgal Vikram Subburaj ETF Monetary Policy

Bitcoin traded around the $86,000 mark on Tuesday as the crypto market is supported by expectations of easing US monetary policy. The cryptocurrency was trading at $86,027.

In the past 24 hours, Bitcoin has gone up 0.23% and Ethereum was down 0.35%. Among the major altcoins, BNB, XRP, Solana, Dogecoin corrected by up to 1.30% whereas Tron, Hyperliquid, and Cardano gained by up to 2.65%

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