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Bitcoin jumps past $87,000 on weak US jobs data, eyes $90,000 rally amid falling Treasury yields.

Market News
03 Oct 2026
Blockonomi
View Source
Bullish
Bitcoin jumps past $87,000 on weak US jobs data, eyes $90,000 rally amid falling Treasury yields.

Bitcoin surged to over $87,200 on October 2, 2026, driven by disappointing US September jobs data that showed only 29,000 new positions added versus an expected 84,000. This weak employment report caused Treasury yields to fall, easing selling pressure around $85,000 and fueling Bitcoin's rise. Analysts see key resistance between $87,300 and $87,400, with a potential rally to $90,000 or even $100,000 by year-end if Bitcoin breaks through. Market sentiment also improved as expectations for Federal Reserve rate hikes dropped sharply, supporting further gains in Bitcoin and equities.

Bitcoin's market cap on Pluang stands at Rp30.416,24 trillion as of October 3, 2026, 14:21 WIB, with a 24-hour trading volume of Rp682,4 trillion. Despite the article's note of Bitcoin rallying above $87,200, on Pluang BTC is priced at Rp1.512.310.686 and has declined by 1.72% in the past day. The platform shows a strong buy sentiment with 70% of orders favoring purchases and a typical hold time of 110 days, indicating sustained investor interest amid the recent market movements.

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