Bitcoin traded just under $84,000 and ether just above $2,700 on the first day of the fourth quarter, with both little changed. Bitcoin had just closed its best quarter since 2024.
The U.S. 10-year Treasury yield touched a 24-year high of 5.362% overnight before easing to 5.282%. Attention now turns to the September Nonfarm Payrolls Report. Economists forecast 90,000 jobs added and an unemployment rate of 4.1%.
Frequently asked questions
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How did Bitcoin and ether start the fourth quarter?
Both were little changed. Bitcoin traded just under $84,000, while ether was just above $2,700.
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How did Bitcoin perform in the preceding quarter?
Bitcoin closed out its best quarter since 2024.
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What happened to the U.S. 10-year Treasury yield?
It touched a 24-year high of 5.362% overnight before easing to 5.282%.
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What is the forecast for September U.S. payrolls?
Economists forecast that the U.S. added 90,000 jobs in September.
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What is the forecast for the U.S. unemployment rate?
Economists expect the unemployment rate to hold at 4.1% in the September jobs report.
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