Bitcoin fell below $87,000 on Thursday as the release of a delayed U.S. jobs report added to market uncertainty ahead of the Federal Reserve's December policy meeting. The report revealed 119,000 jobs were added in September, surpassing expectations, but the unemployment rate increased to 4.4%, the highest since early 2024. The conflicting data has left traders uncertain about the Federal Reserve's next move, with Bitcoin experiencing increased selling pressure and tracking the lower Bollinger Band. Market expectations for a December rate cut have risen to 43% from 30% prior to the report, reflecting the complexity of the Fed's decision-making process amid the mixed economic signals.