Bitcoin Trades Steady Near $84,200 as Traders Await Payrolls Report

The global cryptocurrency market remains steady as Bitcoin trades near $84,213 on Thursday, October 1. This price is up 0.9% over the past 24 hours, according to CoinGecko data.

Softer August PCE data cut October rate-hike odds, but elevated Treasury yields capped the rally. Ethereum trades near $2,713, while XRP and Solana hold steady above $1.50 and $119, respectively.

Prateek Gupta, Head of Business at Mudrex, notes that whales added over 41,000 BTC in 10 days, but speculative futures demand fell 90% in two weeks, pointing to cleaner positioning but weaker momentum.