📰 Crypto & Gold Market Update
5 October 2026 | 12:18 AM Pakistan Time (GMT+5)
₿ Bitcoin (BTC)$BTC : BTC is holding around $85K–$87K after gaining momentum following weak U.S. jobs data. Bitcoin remains supported by renewed institutional/ETF interest, while open interest and bullish positioning have increased. �
CoinDesk +1
♦ Ethereum (ETH)$ETH : ETH is trading around $2.7K. Citi raised its 12-month ETH target to $3,028, citing stronger crypto activity and renewed ETF inflows. �
Reuters
✕ XRP$XRP : XRP is around $1.50, showing modest gains alongside BTC and ETH. The broader large-cap crypto market remains relatively risk-on. �
CoinDesk +1
🥇 Gold: Gold closed Friday around $4,133–$4,172/oz, suffering a sharp weekly decline as Treasury yields remained elevated. The upcoming FOMC Minutes on Wednesday, October 7 could be important for gold and risk assets. �
The Wall Street Journal +1
🔥 Key Market Drivers Today
🇺🇸 Weak U.S. jobs data → Fed rate-hike expectations have fallen.
📊 But U.S. Treasury yields remain high, keeping pressure on gold and risk assets. �
TalkMarkets
💰 Crypto funds saw strong recent inflows, supporting BTC/ETH.
🏦 SEC has proposed clearer crypto-custody rules for investment advisers and funds. �
Reuters
⚠️ Wednesday's FOMC Minutes are the major event to watch this week.
Market bias: 🟢 BTC/ETH mildly bullish | XRP positive | Gold cautious/bearish
*Prices move continuously; figures above reflect the latest available reports around the stated update time.*