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Bitcoin price rises to $86,500 as futures open interest jumps by 27,000 BTC.

Technical Signals
02 Oct 2026
Tokenpost
View Source
Bullish
Bitcoin price rises to $86,500 as futures open interest jumps by 27,000 BTC.

Bitcoin's price increased from about $83,500 to $86,500 alongside a rise in open interest for futures and perpetual contracts by roughly 27,000 BTC, reaching around 653,000 BTC on October 2. This indicates more outstanding positions in the market but does not clarify whether traders are predominantly bullish or bearish. The increase in open interest, valued at about $2.3 billion, coincided with a scheduled U.S. employment report release, providing market context but not a direct cause. Funding rates, which affect the cost of holding long positions, remain an important factor in understanding trader sentiment in perpetual futures contracts.

Bitcoin's recent price rise is the subject, with Pluang's market data providing context. For readers following cryptocurrency markets, 34 of 50 major cryptocurrencies on Pluang rose today while 15 fell. Notable movers include EOS at Rp12.649 (+8.13%), AXS at Rp22.074 (+7.00%), and COTI at Rp256 (+6.57%). This snapshot is as of Oct 02, 2026 16:02 WIB.

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