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Bitcoin's October gains hinge on continued buying amid rising Treasury yields and key economic data.

Market News
01 Oct 2026
Bitcoin
View Source
Bullish
Bitcoin's October gains hinge on continued buying amid rising Treasury yields and key economic data.

Bitcoin's price outlook for October depends on sustained buying demand as higher inflation-adjusted Treasury yields compete for investors' money. Bitfinex highlights 17 key economic events this month, including the Federal Reserve's rate decision on October 28 and the Consumer Price Index release on October 14, which could influence market sentiment. The exchange notes that recent gains were partly driven by $2.5 billion in net inflows to U.S. spot Bitcoin ETFs, but continued purchases are crucial to offset the appeal of higher government bond returns. The market will test whether buying interest remains strong enough to maintain Bitcoin's upward momentum amid a challenging macroeconomic environment.

Bitcoin's market capitalization stands at Rp30.713,06 trillion as of October 2, 2026, 10:41 WIB, reflecting its significant presence in the digital asset space. On Pluang, Bitcoin trades at Rp1.528.039.809 with a 1-day gain of 2.07%, supported by a 59% buy order activity, indicating continued investor interest. The typical hold time of 110 days on Pluang suggests a moderate-term commitment among users amid the macroeconomic uncertainties highlighted by Bitfinex's list of October catalysts.

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