U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%

SummaryThe U.S. added 29,000 jobs in September, missing forecasts for 90,000.The unemployment rate unexpectedly rose to 4.2%.Bitcoin continued about 2% higher for the day at $86,600.  The U.S. labor market showed weakness in September, potentially giving the Federal Reserve room to hold interest rates even as inflation remains elevated.  The U.S. added 29,000 jobs in September, according to the government‘s Nonfarm Payrolls Report released Friday morning. That was below the consensus forecast of 90,000 and compared with August’s gain of 133,000 (revised down from an originally reported 162,000).  The unemployment rate rose to 4.2%, versus expectations of 4.1% and Augusts reading of 4.1%.  In addition to August‘s downward revision, July’s 21,000 jobs gain was revised to a jobs loss of 10,000.  Already higher on the session, bitcoin continued just under $87,000 in the minutes following the release. U.S. stock index futures were adding to gains, the Nasdaq rising 1.2%.  The 10-year Treasury yield slumped by 7 basis points to 5.17%, and the 2-year yield fell by a similar margin to 4.71%. Gold gained more than 1%, and the greenback fell versus major currencies.  Checking other report numbers, average hourly earnings rose just 0.1% last month, well shy of forecasts for 0.3% and August‘s 0.3%. On a year-over-year

10-02انڈسٹری

'Uptober' Off With a Bang as Bitcoin Surges to $86K

In briefBitcoin traded at $86,757 Friday, up 3% on the day and 2% over the week.August core PCE came in at 3.0% against 3.3% expected, and futures now put a hold at the October FOMC at 74%, from 35.8% a week ago.Spot Bitcoin ETFs took in $6.34 billion in the third quarter, but net inflows for 2026 remain under $1 billion.  Bitcoin was trading at $86,757 on Friday, up 3% over 24 hours and 2% on the week, according to CoinGecko data, after a September that broke the months losing reputation. It remains about 31% below the record it set a year ago.  The move follows Wednesdays inflation reading. August core PCE came in at 3.0% against expectations of 3.3%, and the repricing that followed has swung the odds toward the Federal Reserve holding rates at its October 28 meeting. Futures put a hold at 74%, according to CMEs FedWatch tool, against 35.8% a week ago, and traders on Myriad, a prediction market owned by Decrypts parent company Dastan, price it at 75%. The shift came from an even split as recently as September 29, Nexo analyst Iliya Kalchev told Decrypt.  BitcoinBTC · USD  $85,156+1.69%  24H7D1M1YYTD  Sep 25Sep 27Sep 29Sep 30Oct 2  $86.8k$85.4k$84.0k$82.7k  24h HighHigh$87,086  24h LowLow$84,068  VolVol$1.9B  Market projectionsOdds by

10-02انڈسٹری

US Savings Rate Hits a 2022 Low: Could Bitcoin Be a Hedge?

The United States personal savings rate dropped to 4.1% in August 2026, its lowest level since November 2022, according to the Bureau of Economic Analysis.  That decline now raises a pointed question: can Bitcoin serve as a hedge against shrinking household buffers?  Sponsored  Sponsored  What Does the Falling US Savings Rate Reveal About Household Finances?  The personal savings rate measures the share of disposable income households set aside rather than spend. A falling rate signals families are draining reserves to maintain consumption levels.  Augusts reading fell 0.5% from July. It has dropped 1.6 points since January 2025, based on Bureau of Economic Analysis data.  Excluding the 2022 inflation shock, this marks the lowest level since 2008. The five-year average now sits at 5.4%, the weakest in 14 years. That compares with roughly 6% before the pandemic. Persistent inflation in housing, food, and energy continues to squeeze household budgets nationwide.  Follow us on X to get the latest news as it happens  US Household Savings Fall to Their Lowest Level Since 2021.  Spending remains relatively resilient for now, but that strength comes at a cost. Families increasingly rely on savings as their main cushion shrinks month after month.  Sponsored  Sponsored  For most Americans, this level means less room to absorb a job loss, a

10-02انڈسٹری

Bitcoin survived 5% yields but cryptos cheap-money era did not

The US 10-year Treasury yield touched 5.34% on Oct. 1, its highest since 2002, capping a third quarter in which it climbed almost 90 basis points, the largest quarterly rise this century. Bitcoin gained about 43% over the same three months and Ethereum about 71%.  Related Asset Bitcoin #1 BTC · $85,435.87 24-hour change: up 1.91% Loading price history… 24H Up 1.91% 7D Up 2.11% 30D Up 10.74%  Bitcoin trades in the mid-$80,000s, and the clearest evidence of the yield shock sits in the financing built around it.  A 5% yield raises the bar, and Q3 buyers cleared it  The Federal Reserves H.15 release for Oct. 1 put the 10-year at 5.29%, the 30-year at 5.64% and the 10-year real yield at 2.93%. Inflation-adjusted returns on government debt now compete with a coupon-free asset.  Bond yields climbed to new highs across the US, France, Germany, Japan and the UK, where 30-year borrowing costs reached 6% for the first time since 1998. Brent crude also moved back above $100 a barrel.  Against that backdrop, US-traded spot Bitcoin ETFs drew about $6.3 billion in the third quarter and Ethereum ETFs about $3 billion.  Citi raised its 12-month Bitcoin forecast to $113,000 from $82,000, citing stronger crypto activity, ETF inflows,

10-02انڈسٹری

Morning Minute: NEAR Intents Hacked for $3.8M - Was It A Bullish Hack?

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show FOMO HOUR covering all of the top stories and market action.  GM!  Todays top news:Crypto majors rally 3-4% as oil and bonds cool; BTC at $86,400SEC proposes rules letting advisors and funds hold crypto directlyETH Foundation launches zkAPI for private AIPump leads onchain protocols again with $2.6MThe 7-Trait CryptoPunk sells for $5.9M in landmark sale on Gondi  BitcoinBTC · USD  $84,212+0.23%  24H7D1M1YYTD  Sep 25Sep 27Sep 29Oct 1Oct 2  $86.8k$85.4k$84.0k$82.7k  24h HighHigh$87,086  24h LowLow$84,473  VolVol$2.2B  Market projectionsOdds by Myriad  This week$84,000 to $86,000$84k–$86k52% chance  →  Buy Bitcoin with USDT  Powered by Jupiter  $50$100$500  Buy  Price data by CoinGeckoCoinGeckoMore Bitcoin news and projections →  ???? NEAR Intents Hacked for $3.8M—Was It A Bullish Hack?  NEAR Intents shut down briefly on Thursday after an attacker took about $3.8 million.  The flaw sat in the layer that moves money in and out, and how it talked to the main contract holding user funds. ZachXBT traced the stolen money to KuCoin, where it was converted to bitcoin. The team reported it to law enforcement and says a full report is coming.  If you arent familiar with Near Intents, the tool lets you swap crypto

10-02انڈسٹری

XRP Outperforms Ethereum at October ETF Start

XRP has started off October on a strong note as its ETFs have recorded a decent influx of fresh capital on October 1, after their performances fell flat at the close of the last month.  While momentum appears to be building again in the XRP ecosystem, latest data from SosoValue shows that XRP saw a fresh influx of capital while Ethereum only saw investors withdraw their funds as the new month began.  XRP flips Ethereum  According to the data, XRP ETFs attracted about $4.07 million in net inflow during their daily trading session on October 1, while Ethereum ETFs posted a net outflow of $55.37 million on the same day.  As such, the data shows a major divergence between the performances of both assets, revealing that XRP ETFs outperformed Ethereum ETFs by about $59.44 million in daily flows at the start of the new month.  While XRP ETFs also recorded $25.87 million in total trading volume on the same day, it signals renewed interest in the asset after their performance slowed in the past week, drawing attention from market analysts.  Franklin takes dominance from Bitwise  Although XRP performed better than Ethereum during their latest trading session, the amount of capital pulled in by XRP funds was pretty

10-02انڈسٹری

South Korea's Crypto Market Is Getting Older, Quieter, and Smaller

South Koreas crypto market is getting older, quieter, and smaller, according to a half-yearly survey released on October 1 by the Korea Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service.   Users in their 40s are now the largest age group, daily trading volume fell 44%, and the value of crypto on domestic exchanges shrank by a third in the first half of 2026.  Sponsored  Sponsored  Crypto assets on those exchanges also posted a 69% maximum drawdown, higher than KOSPI‘s 55.1% and KOSDAQ’s 31.8% over the same period. The survey covered 26 registered virtual asset service providers.  Koreas Crypto Market Lost a Third of Its Value  The market capitalization of crypto listed on domestic exchanges fell 33% to 58.9 trillion won, according to the KoFIU survey. That left the market 28.3 trillion won smaller than in the second half of 2025.  Trading activity fell further than valuations, with average daily volume down 44% to 3.1 trillion won. Won deposits held on exchanges dropped 35% to 5.2 trillion won over the same period.  “Both KRW-based exchange service providers and coin-only exchange service providers saw drops in average daily trading volume,” the results showed.  KoFIU measures maximum drawdown as the difference between the highest and lowest price, divided by the

10-02انڈسٹری

You Could Video Chat With an AI and Never Know It. 26 of 54 People Didn't

Tavus Griffin AI convinced 26 of 54 people on live video calls that they had talked to a real human. The firm is keeping the model away from customers for that exact reason.  Tavus calls the model the first to pass the video Turing test. Its previous system, tested the same way, fooled 1 of 41 participants.  Sponsored  Sponsored  What Let Griffin Talk Its Way Past 26 Strangers?  Tavus co-founder and CEO Hassaan Raza argued that people communicate as much through expression, tone, and timing as through words. Machines, by his account, make users adapt with the right command, click, or prompt.  His pitch is a computer that reads tone and expression the way another person would, and even looks like one.  Follow us on X to get the latest news as it happens  Introducing Griffin, the first model to pass the video Turing test.  48% of people who talked to it live thought it was a real human. Previous systems have had a pass rate3%. It is #1 on NVIDIAs benchmark for full-duplex AI video.  Its the first Human Interaction Model (HIM). pic.twitter.com/eb11XbC8Xr  — Tavus (@tavus) October 1, 2026  Tavus contrasts Griffin with cascade systems, where speech recognition, a language model, and voice synthesis take turns. Such systems hold their reply

10-02انڈسٹری

Can Solana price hit $130 after Forward Industries buys...

Forward Industries has increased its SOL and SOL-equivalent holdings by 948,601 tokens during fiscal Q4, taking its total to 8.501 million as of Sept. 30, 2026.  SummaryForward Industries added nearly 949,000 SOL, lifting total holdings to 8.501 million during fiscal Q4.The company valued its SOL treasury at $1.004 billion using a September 30 price reference.SOL per fully diluted share rose 10.4% quarter-over-quarter to 0.0806, according to Forward Industries update.Forward closed a $25 million stock offering in September, with proceeds intended partly for SOL.Solana traded near $122 on October 2, up roughly 4% over the previous 24 hours.  Forward Industries said the 13% quarterly increase came from a combination of SOL purchases and staking, with the newly added tokens carrying an average cost of $83. Its holdings rose from 7.553 million at the end of June to 8.501 million at the end of September.  The company said the position represented roughly 1.4% of Solana‘s circulating supply. Its definition of SOL holdings includes native SOL, fwdSOL and pledged SOL while excluding borrowed tokens. Forward’s treasury dashboard continues to show 8,501,298 SOL and equivalents as of Sept. 30.  You might also like:  Solana chosen for Fiservs new bank stablecoin platform  Forward Industries SOL holdings reached 8.5 million  At a reference

10-02انڈسٹری

Cboe wants to turn VIX into a never-ending trade

In contrast, perpetual swaps never expire. Instead, they use a funding rate mechanism to anchor the contract price to the spot index, theoretically offering investors the closest possible proxy to trading the actual VIX spot price.  “Traders dont have to worry about expiries and decay and just focus on the direction of where they think the underlying is heading. The VIX is one of many more indexes, assets and metrics that will be perpified. We expect to see a strong wave of perp-ification to occur in the coming months,” Martin Lee, market insights lead at DWF Labs, told CoinDesk.  Some crypto exchanges like Gate already offer VIX/USDT perps, but the market is highly illiquid with little noticeable volume. Recently Hyperliquid listed futures tied to bitcoins VIX – Volmexs bitcoin implied volatility index.  A potential launch of VIX futures could bring more traders to volatility markets. More buyers and sellers and more hedging by market makers across VIX futures and other S&P 500 derivatives could pull the various VIX products into closer agreement.  However, costs still exist in the form of funding payments. Also the index is really just mathematical calculation and doesnt exist like bitcoin, which creates a channelge for market makers, who cannot

10-02انڈسٹری
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