Bitcoin started September positively, rising to nearly $112,000 after a difficult August. The increase came as U.S. traders returned from a three-day weekend, pushing Bitcoin prices from around $107,500 to highs near $111,700. This rally was supported by a recovery in U.S. stock markets which had initially opened lower due to negative tariff news and increasing long-term interest rates. The day also saw the release of the ISM Manufacturing Index for August, which indicated a slight contraction in the U.S. manufacturing sector, raising questions about the Federal Reserve's interest rate plans. Key employment data expected later this week could influence the Fed's decision on future rate adjustments.

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