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US dollar hits 18-month high as euro weakens; Bitcoin steadies near $86,000 amid market uncertainty

Market News
05 Oct 2026
Coindesk
View Source
Neutral
US dollar hits 18-month high as euro weakens; Bitcoin steadies near $86,000 amid market uncertainty

The US Dollar Index reached an 18-month high of about 102.5, driven by rising US interest rates and political uncertainties in Europe, notably Spain's snap election and France's fiscal concerns. The euro dropped to a 17-month low against the dollar, weakening the currency basket. Despite these pressures and tighter financial conditions, Bitcoin remains resilient, holding steady around $86,000. This reflects ongoing investor caution amid shifting monetary policies and geopolitical risks, with markets anticipating further US rate hikes by mid-2027.

Bitcoin trades at Rp1.537.640.544 on Pluang as of Oct 05, 2026 18:02 WIB, showing a 1.08% gain in the past day. The market cap stands at Rp31.000,88 trillion with a 24-hour volume of Rp418,98 trillion. Most Pluang users are buying, with 84% of orders on the buy side and a typical hold time of 111 days.

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