US Adds Just 29,000 Jobs in September: Why Are Bitcoin and Gold Jumping?
Property	Value	Type
Title	US Adds Just 29,000 Jobs in September: Why Are Bitcoin and Gold Jumping?	metadata
Category	macro	metadata
Subcategory	macro	metadata
Sentiment	neutral	metadata
Published Date	2026-10-02T13:00:23.776Z	metadata
Trustworthy	no	metadata
Content	The September jobs report showed only 29,000 jobs added, signaling a weaker labor market and strengthening expectations that the Federal Reserve may cut interest rates. Bitcoin and gold rose as investors moved toward assets that could benefit from lower rates and a softer dollar. For Bitcoin, the rally reflects a macro-driven shift in risk appetite and monetary-policy expectations, rather than a change in its underlying fundamentals....	content
Citation 1	https://beincrypto.com/us-jobs-report-september-bitcoin-gold/	source

US Adds Just 29,000 Jobs in September: Why Are Bitcoin and Gold Jumping?

Oct 2, 2026

macro

The September jobs report showed only 29,000 jobs added, signaling a weaker labor market and strengthening expectations that the Federal Reserve may cut interest rates. Bitcoin and gold rose as investors moved toward assets that could benefit from lower rates and a softer dollar. For Bitcoin, the rally reflects a macro-driven shift in risk appetite and monetary-policy expectations, rather than a change in its underlying fundamentals.

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Sources (1)

https://beincrypto.com/us-jobs-report-september-bitcoin-gold/

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