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Bitcoin nears 60% dominance as crypto market shows rising risk appetite ahead of U.S. jobs report.

Market News
02 Oct 2026, 13:31 WIB
Coindesk
View Source
Bullish
Bitcoin nears 60% dominance as crypto market shows rising risk appetite ahead of U.S. jobs report.

Bitcoin surged 3.4% to over $86,000, with its market dominance approaching 60%, signaling increased investor confidence in risk assets. Meanwhile, the share of USDT stablecoin dropped to 6.3%, indicating traders are moving from cash into cryptocurrencies. This shift comes ahead of the U.S. nonfarm payroll report expected to show 90,000 new jobs in September, which could influence Treasury yields and bitcoin's price. Rising open interest and leveraged bullish positions suggest traders are optimistic but also highlight potential volatility risks.

Bitcoin's price on Pluang stands at Rp1.542.585.427 as of Oct 02, 2026 17:42 WIB, showing a 1-day gain of 2.63%, which outpaces Binance Coin's more modest 0.95% rise to Rp13.894.076. Bitcoin's circulating supply is near maximum at 96%, highlighting its scarcity compared to BNB's full 100% circulation. This contrasts with the news of bitcoin dominance nearing 60%, underscoring BTC's strong position relative to other cryptos on the platform.

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