**Bitcoin Bulls Charge as Jobs Report Surprises! 🐂**
- The US economy added a whopping 254,000 jobs in September, smashing expectations of 140,000.
- Strong job growth hints at a slowdown in interest rate cuts, but Bitcoin (BTC) investors are still smiling.
- Zach Pandl from Grayscale says this could boost investors' appetite for riskier assets like BTC.
- BTC prices soared to over $62,300 on Oct. 4 after the jobs data release.
- Futures traders predict a modest 0.25% rate cut in November.
- BTC held on centralized exchanges is at its lowest since 2018, signaling potential for a "Uptober" rally.
- Grayscale manages over $20 billion in crypto assets, keeping a close eye on these trends.