Bitcoin briefly climbed above $86,885 on Friday before easing to around $86,000 ahead of the latest U.S. jobs figures. The cryptocurrency remained about 1.5% higher on the day and roughly 3% higher in October. Economists expect the unemployment rate to hold at 4.1%, while nonfarm payrolls are forecast to rise by 90,000 in September, down from 162,000 in August. Higher borrowing costs, reflected in a U.S. 10-year Treasury yield that reached a multi-decade high of 5.34%, had kept Bitcoin in an $82,000-$85,000 range during the week. The U.S. Dollar Index, which tracks the dollar against major currencies, briefly exceeded 102 for an 18-month high, while the euro fell to around $1.12, its lowest level since May 2025. Concerns about France’s public finances have pushed French five-year credit default swaps to a multiyear high and widened the spread between French and German 10-year bond yields to its largest level in 14 years. French borrowing costs have surpassed those of Italy and Greece, with yields at their highest relative to German bunds since the European debt crisis, Bloomberg’s Lisa Abramowicz noted. France also has one of the EU’s largest fiscal deficits.