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Live updates: Bitcoin trading near $87,000 after big miss on U.S. jobs

James Van Straten
37 minutes ago · 7:22 a.m. EDTJames Van Straten
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Bitcoin rises above $86,000 as markets await U.S. jobs report

Bitcoin is up almost 2% over the past 24 hours, trading above $86,000 as markets await the week’s biggest macroeconomic release, the U.S. jobs report. The unemployment rate is expected to hold steady at 4.1%, with nonfarm payrolls forecast to rise by 90,000.

Precious metals are also edging higher, with gold trading just below $4,200 an ounce and silver above $61. WTI crude oil has fallen 4% over the past 24 hours to below $90 a barrel, while the U.S. 10-year Treasury yield has eased slightly to 5.22%. While, tech futures are also up roughly 0.60%.

The U.S. Dollar Index (DXY) remains strong above 102.

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