Coinbase gained 5.1%, while Strategy advanced 5.6% on Oct. 2.
Bitcoin ETFs returned to positive territory on Thursday with $102.67 million in net inflows, led by a powerful day for Blackrock's IBIT. Blackrock Inflow Offsets Fidelity Outflow Bitcoin wasted little time finding buyers again. A day after its nine-session inflow streak ended, U.S. bitcoin ETFs drew $102.67 million in fresh capital.
Bitcoin climbed back toward $87,000 on Friday as sellers cleared out around $85,000, according to Glassnode.
Bitcoin has broken above $88,000, gaining almost 2% over the past 24 hours as crypto markets push higher. A surprisingly weak September jobs report showed just 29,000 new jobs, unemployment at 4.2%, and a 29,000 downward revision to August.
Bankless founder David Hoffman also called a daily close above $87,400 “extremely bullish.”
Kazakhstan is pursuing a new energy strategy that pairs unused gas from oil production with cryptocurrency mining, hoping to revive an industry that previously strained the national grid.
Bitcoin surpassed $86,000 with a 3.6% gain, and its dominance in the crypto market is approaching 60% for the first time in months. USDT's market share fell to 6.3%, a signal that traders are exiting cash positions to take on more risk. Open interest in BTC rose to $22.
Cooler inflation and two dovish Fed speakers have shifted the odds toward a rate hold, with payrolls due and CPI landing on October 14.
Core Lightning maintainers issued an urgent notice on October 2, 2026, telling operators of the open-source Bitcoin Lightning implementation to move off older builds after receiving reports that attackers are actively probing nodes that have not applied recent security updates.
Bitcoin derivatives activity accelerated on October 2 ahead of the U.S. September jobs report, with CoinGlass showing open interest near $56.7 billion as BTC traded above $86,000. Since September 30, outstanding positions have increased by roughly 27,000 BTC, or about $2.3 billion, while rising leverage shows traders are adding exposure before a major macroeconomic catalyst.
September Bitcoin ETF Inflows: Bitcoin funds recorded $2.65 billion in net inflows during September, marking their second-largest monthly inflow since October 2025 despite coming in below August's $3.52 billion total.
The unemployment rate was also higher than expectations.