Geopolitics Alpha

Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report

Published . Updated .

The euro is losing ground versus the greenback as spiking French bond yields revive memories of the European sovereign debt crisis.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • SHY iShares 1-3 Year Treasury Bond

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500

    Stocks move when the Fed changes the rate path

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT———————
COIN———————
MSTR———————
MARA———————
TLT———————
IEF———————
RIOT———————
HOOD———————
SHY———————
SPY———————

Proshares Ultra Bitcoin Etf (BITU) since this story, compared with the market

Since the first closing price after “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report,” Proshares Ultra Bitcoin Etf (BITU) is -6.62%. The S&P 500 fund (SPY) is -0.40% over the same days, a -6.22% difference versus the market.

BITU
SPY

Who gains and who loses around Proshares Ultra Bitcoin Etf (BITU)

Companies tied to this story

  • BITU Proshares Ultra Bitcoin Etf

    In “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report,” Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITB Bitwise Bitcoin ETF

    Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence in the 1 Oct 2026 story “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report.” Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITX 2X Bitcoin Strategy Etf

    In “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FAS Direxion Daily Financial Bull 3X Etf

    For “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GBTC Grayscale Bitcoin Trust ETF

    In “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report,” Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • IBIT iShares Bitcoin Trust ETF

    For “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBIT as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Proshares Ultra Bitcoin Etf (BITU)

On 1 Oct 2026, “Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report” is the story that connects Proshares Ultra Bitcoin Etf (BITU) to this story.

The link for Proshares Ultra Bitcoin Etf (BITU) is this: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Bitwise Bitcoin ETF (BITB), is listed for a different reason: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for Proshares Ultra Bitcoin Etf (BITU)

BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59.

A simple score for Proshares Ultra Bitcoin Etf (BITU)

100 out of 100

“Live updates: Bitcoin posts tentative gains as rates drop ahead of Friday's jobs report” scores 100 out of 100. The score uses 6 linked companies.