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Bitcoin Tops $87,000 as US Unemployment Rises

Original: Bitcoin Tops $87,000 After U.S. Unemployment Rises to 4.2% Bitcoin surged above $87,000 on October 2, 2026, as U.S. unem

Bitcoin climbed above $87,000 on October 2, 2026, after new US jobs data showed unemployment rising to 4.2%. The weaker labour market reduced expectations of further interest rate hikes, boosting risk assets including cryptocurrencies. Traders are watching whether the Federal Reserve's next moves will sustain the rally.

Why now: Fresh US jobs data shifted rate-hike expectations, driving a sharp bitcoin price move.

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Evidence

• Bitcoin Tops $87,000 After U.S. Unemployment Rises to 4.2% Bitcoin surged above $87,000 on October 2, 2026, as U.S. unemployment ticked up to 4.2% and softer jobs data reduced expectations for further rate hikes. https:// newisty.com/blog/bitcoin-tops-… · newisty

API: https://socialmediatrends-api.osmike.com/v1/trends/935669