By Isaac • October 4, 2026 7:09 am •
Bitcoin finally pushed through $86,000, but the more important part of this move is what sits underneath it.
Cooler inflation, a much softer jobs report and renewed spot-ETF buying have all moved in Bitcoin’s favor at the same time. That combination gives the rally more substance than a simple short squeeze.
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It also puts the next inflation report squarely in control of the market’s next big decision.
Decrypt reports that Bitcoin traded at $86,757 on Friday, up 3% over 24 hours and 2% for the week. August core PCE inflation came in at 3.0%, below the 3.3% economists expected.
The September employment report showed just 29,000 new jobs against forecasts near 90,000. Unemployment edged up to
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