Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin nears $87K as Fed rate hike fears ease, Citi targets $113K amid stronger crypto demand.

Market News
02 Oct 2026
Coinpaper
View Source
Bullish
Bitcoin nears $87K as Fed rate hike fears ease, Citi targets $113K amid stronger crypto demand.

Bitcoin's price rose to nearly $86,885, up 2.7%, driven by weaker labor data and cautious Federal Reserve signals reducing the chance of an October rate hike. Citi forecasts Bitcoin could reach $113,000, with $90,000 as a key resistance level to clear before targeting $100,000. Despite improved macro conditions, institutional Bitcoin ETF flows remain inconsistent, showing price momentum is currently outpacing fund inflows. This suggests renewed crypto interest amid improving economic signals but mixed institutional demand.

As of Oct 02, 2026 22:21 WIB, Bitcoin trades at Rp1.531.156.126 on Pluang, showing a 1.45% gain over the past day. This rise contrasts with the article's noted $86,885 price level and 2.7% increase. Bitcoin's circulating supply on Pluang is at 96%, with a market cap of Rp30.889,77 trillion and strong order activity leaning 59% Buy versus 41% Sell, reflecting active retail interest despite mixed institutional flows.

More News (BTC)

Machi holds $144M in long crypto positions with $1.34M gains from recent trades

Machi holds $144M in long crypto positions with $1.34M gains from recent trades

Machi currently holds long positions valued at approximately $144 million across three cryptocurrencies: Ether (ETH), Bitcoin (BTC), and HYPE. The holdings include 33,950 ETH worth $92.56 million, 409 BTC valued at $35.22 million, and 180,000 HYPE to...

Market News
Bullish
5 hours ago
Bitcoin drops 1.29% in an hour amid $9.72M long position liquidations

Bitcoin drops 1.29% in an hour amid $9.72M long position liquidations

Bitcoin's price fell 1.29% within one hour to $85,894 on October 2, with significant liquidations of bullish (long) positions totaling $9.72 million across Binance, Bybit, and OKX exchanges. Despite the short-term drop, Bitcoin remained up nearly 2% ...

Market News
Bearish
5 hours ago
Bitcoin long positions worth $9.72M liquidated as price drops 1.29% on Oct 2

Bitcoin long positions worth $9.72M liquidated as price drops 1.29% on Oct 2

On October 2, Bitcoin experienced a significant liquidation event where $9.72 million in long positions were liquidated within one hour as its price fell by 1.29%, dropping from $87,020 to $85,894. This data, collected from Binance, Bybit, and OKX ex...

Technical Signals
Bearish
5 hours ago
Bitcoin ETFs saw $120M inflows while Ether ETFs faced $64M outflows on Oct 2.

Bitcoin ETFs saw $120M inflows while Ether ETFs faced $64M outflows on Oct 2.

On October 2, Bitcoin ETFs experienced net inflows of 1,383 BTC, valued at approximately $120.25 million, continuing a positive trend with a seven-day total inflow of 2,467 BTC worth $214.4 million. In contrast, Ether ETFs recorded net outflows of 23...

Market News
Neutral
5 hours ago
Bitcoin dips below $86,000 as price falls 1.31% on Oct 2

Bitcoin dips below $86,000 as price falls 1.31% on Oct 2

On October 2, Bitcoin's price dropped to 85,990.62 USDT, falling below the $86,000 mark with an intraday decline of 1.31%. This dip reflects short-term market volatility in the digital asset space. Investors should watch for further price movements a...

Market News
Bearish
5 hours ago
banner-footerbanner-footer

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