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Bitcoin Reverses Below $86,000 After Approaching September Peak
Bitcoin’s Sept. 21 peak was $87,397. The price neared $87,000 early Monday before retreating.
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Bitcoin (BTC) neared $87,000 early Monday before falling below $86,000, leaving it short of the $87,397 peak from Sept. 21.
The brief advance did not establish a sustained move above the September high. Prices can vary across exchanges and data providers.
The move followed the release of U.S. employment figures Friday, Oct. 2, at 8:30 a.m. ET (12:30 UTC). Employers added 29,000 jobs in September, while unemployment was 4.2%.
The employment figures preceded the rally, which faded below the September high.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.