News · Crypto · Cointelegraph · Fri, Oct 2, 2026 4:00 PM
Bitcoin nudges $87K as US payroll data lowers Treasury yields
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Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.
Bitcoin climbed to $87,000 following a weaker‑than‑expected US payroll report that pushed Treasury yields lower.
The dip in yields reduced selling pressure on Bitcoin, allowing a short‑term rally, but the cryptocurrency hit a resistance level in its order book.
The rally was brief; Bitcoin failed to break new macro highs, and the market remains cautious as macro data continues to influence risk sentiment.
US payroll data and Treasury yields influence Bitcoin's short‑term move
Based on reporting from Cointelegraph. Read the original.
OpenBook analysis
Market impact
Bitcoin may see short-term price swings as bond yields respond to US payroll data, potentially affecting risk-on sentiment. Traders may monitor the interaction between macro data releases and crypto demand for clues on market direction.
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General market context for education only, not investment advice.
This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections