📰 Crypto Report | October 3, 2026 After testing the $87K area on Friday, Bitcoin entered the weekend at around $84.8K. Weak U.S. employment data sharply reduced expectations that the Fed will raise rates again in October, while a slowdown in ETF demand is drawing attention. Key highlights: ▪️ After only 29K jobs were created in September, the likelihood of an October Fed rate hike fell to roughly the 14–17% range. ▪️ Spot $BTC BTC ETFs are closing the week for now with net inflows of about +$82.9M. Compared with the previous week’s roughly +$2.39B inflows, demand has slowed significantly; the BlackRock data from Friday is not yet complete. ▪️ Former SEC Chair and current National Intelligence Director Jay Clayton is expected to become the White House’s new AI czar. The White House has not officially confirmed the appointment yet. Clayton’s past leadership of the SEC’s crypto enforcement efforts has brought the topic back into focus in the industry. ▪️ Crypto job postings rose from 382 in July to 1,241 in September. Over the same period, the number of applications fell from 25,700 to below 20K. ▪️ Citi has a 12-month price target of $113K for Bitcoin. From the current ~$84.8K level, the target is about 33% higher.
