Bitcoin rose toward $87,000 following a weaker-than-expected US jobs report showing only 29,000 new jobs in September and a slight rise in unemployment to 4.2%. This data lowered expectations for another Federal Reserve rate hike at the upcoming October meeting, with futures markets cutting the odds of a hike from 66% to 22%. The softer labor market, combined with easing inflation and dovish Fed comments, supports risk assets like Bitcoin. However, Bitcoin faces technical resistance near $87,000, which it must break to target $90,000. Institutional demand, including $6.34 billion inflows into US spot Bitcoin ETFs in Q3, also underpins the rally.
Bitcoin trades at Rp1.523.497.675 on Pluang as of Oct 04, 2026 23:03 WIB, showing a 0.47% gain in the past day. The market cap stands at Rp30.655,61 trillion with a 24-hour volume of Rp224,64 trillion. Pluang users currently show a 56% sell and 44% buy order split, holding Bitcoin for an average of 110 days.
Investment firm VanEck forecasts Bitcoin may reach $500,000 within 5 to 10 years, driven by its potential to capture half of gold's market cap. Analysts highlight Bitcoin's strong recent performance, outperforming gold and the S&P 500, and growing in...
Bitcoin holders realized $1.115 billion in losses within 24 hours as short-term holders moved 36,600 BTC to exchanges below their cost basis, pushing Bitcoin's price down to $76,400. Analyst Doctor Profit identified $76,000 as a critical support leve...
Eleven major cryptocurrency transfers totaling $1.72 billion occurred within three hours on Nov. 2, including a $239.7 million Tether transfer from Binance to an unknown wallet. Other significant moves involved Bitcoin, Ether, and USD Coin shifting b...
Bitcoin experienced $15.06 million in long liquidations within one hour as its price fell by 0.65%, dropping from $77,470 to $76,969. This data, collected from Binance, Bybit, and OKX exchanges, shows that all liquidations were on the long side, with...
The US midterm elections on November 3 will determine control of the House and Senate, influencing the fate of key crypto legislation like the CLARITY Act. Markets largely expect Democrats to retain the House and possibly the Senate, pricing in limit...
