October 6th, 2025 - 09:31 GMT
Crypto markets have rallied to an all-time high of $4.24 trillion in market capitalisation, as investors increased their bets that the Federal Reserve will further cut interest rates at their upcoming October 29th meeting following weaker-than-expected employment data from the US. Although the current government shutdown prevented the release of the main non-farm payrolls report, we did see ADP figures, which provide a measure of job changes in the private sector, wildly miss forecasts posting a decrease in 32,000 jobs where analysts had been anticipating a 50,000 increase. Spot bitcoin ...