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News 2026-10-02 15:42 UTC

Cryptos Jump After Jobs Data Shock

WASHINGTON (dpa-AFX) - A weaker-than-expected jobs data report from the U.S. drastically reduced rate hike expectations from the Federal Reserve in the October FOMC, boosting sentiment towards cryptocurrencies. Overall cryptocurrency market capitalization has surged 2.1 percent overnight to $2.93 t…