Top Highlights

• Bitcoin edged up to highs of $61,600 in early European trading today, as investors nervously await the U.S. Bureau of Labor Statistics' release of the September jobs report.
• Market experts believe this data could play a pivotal role in shaping the Federal Reserve's policy direction in the coming months, potentially affecting crypto prices.
• Ethereum also showed a slight uptick, rising by 1.1% to $2,375. However, both cryptocurrencies have experienced declines over the past week, with Bitcoin down 7% and Ethereum down 11%,
• Economists predict a slight decline in new nonfarm payrolls from 142,000 in August to 140,000 in September, while the unemployment rate is expected to hold steady at 4.2%.
• CryptoQuant's analysis of the Coinbase Premium Index suggests that demand from U.S.-based investors remains strong. "The continued rise in demand from U.S.-based investors suggests renewed upward pressure,"

Domain