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✉news BusinessCrypto first seen 7 h ago, last 1 h ago, peak #5

Bitcoin climbs to $86,500 as traders eye 'Uptober' rally

Original: Bitcoin rises to $86.5k with ‘uptober’ hopes, nonfarm payrolls in focus

Bitcoin has risen to around $86,500, with investors optimistic that October — dubbed 'Uptober' in crypto circles for its historically strong performance — could bring further gains. Attention is also turning to the upcoming US nonfarm payrolls report, which could shape Federal Reserve rate expectations and influence risk assets including cryptocurrencies.

Why now: Bitcoin's price move and the key US jobs report have combined to draw trader attention at the start of a month historically strong for crypto.

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Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 1 h ago.

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