Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin eyes $97K as weak US jobs data boosts crypto outlook and investment inflows.

Analyst Insights
03 Oct 2026
Bitcoin
View Source
Bullish
Bitcoin eyes $97K as weak US jobs data boosts crypto outlook and investment inflows.

Bitcoin is approaching a key resistance level of $87,000, supported by softer US employment data that reduces expectations for Federal Reserve rate hikes. This shift is encouraging renewed investment demand, with about $7 billion flowing into bitcoin ETFs in Q3, the strongest since late 2025. Analyst Matt Mena from 21shares sees potential for Bitcoin to reach $90,000 and $97,000 if it clears the $87,000 barrier. Ether and Solana also show promising forecasts, targeting $4,000 and $140 respectively, as the crypto market benefits from a more favorable macroeconomic environment heading into the final quarter of 2026.

Following the analyst's outlook on Bitcoin, the cryptocurrency is trading at Rp1.519.077.658 on Pluang as of Oct 04, 2026 01:31 WIB, showing a modest 0.40% increase over the past day. Solana also reflects positive momentum with a 0.78% gain, priced at Rp2.138.967. The typical hold time for Bitcoin on Pluang is 110 days, indicating steady investor interest despite a nearly balanced sell-buy order activity.

More News (BTC)

Bitcoin dips below $85,000, hitting $84,963 on Binance spot price.

Bitcoin dips below $85,000, hitting $84,963 on Binance spot price.

Bitcoin's price dropped below the key $85,000 level, reaching $84,963 at 3:21 a.m. ET on October 4, according to Binance spot prices. This marks a slight short-term decline from $85,030 just 15 minutes earlier, though the price was still marginally u...

Market News
Bearish
4 hours ago
Bitcoin rises above $85,000 with a 0.57% gain on Oct 4, 2026.

Bitcoin rises above $85,000 with a 0.57% gain on Oct 4, 2026.

On October 4, 2026, Bitcoin (BTC) traded at 85,004.25 USDT, surpassing the $85,000 mark with a daily gain of 0.57%. This price movement indicates a modest upward trend in the cryptocurrency market. Investors may view this as a positive sign of stabil...

Market News
Bullish
5 hours ago
Stacks ratifies Bitcoin-staking plan with PoX-5 launching in 2026, leaving future upgrades open.

Stacks ratifies Bitcoin-staking plan with PoX-5 launching in 2026, leaving future upgrades open.

Stacks has approved its Bitcoin-staking plan, activating PoX-5 on July 30, 2026, at Bitcoin block 960,230. This system combines a Bitcoin timelock with an STX lock to generate BTC-denominated yield while allowing users to keep control of their Bitcoi...

Protocol Fundamentals
Neutral
6 hours ago
Bitcoin tops $87,000 as US jobs data cools rate hike bets; Ripple advances XRPL lending; Shiba Inu posts best month of 2026

Bitcoin tops $87,000 as US jobs data cools rate hike bets; Ripple advances XRPL lending; Shiba Inu posts best month of 2026

Bitcoin surged above $87,000 following weaker-than-expected US jobs data, which lowered expectations for Federal Reserve rate hikes. Ripple progressed its XRP Ledger lending infrastructure with a key protocol amendment moving toward validator approva...

Market News
Bullish
7 hours ago
Ether ETFs see $118M outflow over 3 days, price dips near $2,670 amid easing demand.

Ether ETFs see $118M outflow over 3 days, price dips near $2,670 amid easing demand.

Ether (Ethereum) ETFs experienced net outflows totaling about $118 million over three trading days ending October 1, 2026, while Bitcoin ETFs attracted inflows. Ether's price closed at around $2,670 on October 2, marking the lowest close since Septem...

Market News
Neutral
10 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App