Bitcoin has seen an increase of nearly 2% in the last 24 hours, now trading over $86,000 as investors prepare for the upcoming U.S. jobs report, which is the most significant economic data release of the week. Analysts predict that the unemployment rate will remain unchanged at 4.1%, while nonfarm payrolls are anticipated to grow by 90,000.
In the precious metals market, both gold and silver are experiencing gains, with gold priced just under $4,200 per ounce and silver surpassing $61. On the other hand, WTI crude oil has dropped by 4% in the past day, falling below $90 per barrel, and the yield on the U.S. 10-year Treasury has slightly decreased to 5.22%. Additionally, technology futures have risen by about 0.60%.
The U.S. Dollar Index (DXY) remains robust, holding steady above 102.