Live updates: Bitcoin reverses big early gains following soft U.S. jobs data
Published . Updated .
Bond yields also suffered a major whipsaw, turning higher by the afternoon after early declines.
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
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- BITU PROSHARES ULTRA BITCOIN ETF
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.
- BITX 2X BITCOIN STRATEGY ETF
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.
- GBTC GRAYSCALE BITCOIN TRUST ETF
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.
- BITB BITWISE BITCOIN ETF TR
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 reaction, T-5 to T+3
The price since 2 Oct 2026: Proshares Ultra Bitcoin Etf (BITU) versus the S&P 500
Since the first closing price after “Live updates: Bitcoin reverses big early gains following soft U.S. jobs data,” Proshares Ultra Bitcoin Etf (BITU) is -9.76%. The S&P 500 fund (SPY) is -1.08% over the same days, a -8.68% difference versus the market.
Who gains and who loses around Proshares Ultra Bitcoin Etf (BITU)
Companies carried with this story
- BITU Proshares Ultra Bitcoin Etf
Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Live updates: Bitcoin reverses big early gains following soft U.S. jobs data.” 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
- BITX 2X Bitcoin Strategy Etf
2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Live updates: Bitcoin reverses big early gains following soft U.S. jobs data.” 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
- GBTC Grayscale Bitcoin Trust ETF
For “Live updates: Bitcoin reverses big early gains following soft U.S. jobs data,” 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 reverses big early gains following soft U.S. jobs data,” 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
- BITB Bitwise Bitcoin ETF
Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Live updates: Bitcoin reverses big early gains following soft U.S. jobs data.” 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
- ARKB Ark 21Shares Bitcoin ETF
Ark 21Shares Bitcoin ETF (ARKB) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Live updates: Bitcoin reverses big early gains following soft U.S. jobs data.” Reason on file: GA selected ARKB 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)
Proshares Ultra Bitcoin Etf (BITU) is the company in “Live updates: Bitcoin reverses big early gains following soft U.S. jobs data,” the 2 Oct 2026 this story story.
What ties Proshares Ultra Bitcoin Etf (BITU) to the headline 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
2X Bitcoin Strategy Etf (BITX) is here too. Its reason reads: 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
Dates and price levels for Proshares Ultra Bitcoin Etf (BITU)
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. GBTC traded between 61.55 and 67.38 across 20 sessions. The latest close on file is 63.11.
How strong the case is around Proshares Ultra Bitcoin Etf (BITU)
100 out of 100
“Live updates: Bitcoin reverses big early gains following soft U.S. jobs data” scores 100 out of 100. The score uses 6 linked companies.