Bitcoin Gains 0.4% to US$85,206 as US Jobs Miss | Crypto Report, Oct 2
Bitcoin settled at US$85,206, up 0.42%, as US payrolls rose only 29,000. For Brazil, Argentina and El Salvador, stablecoins still dominate. The post Bitcoin Gains 0.4% to US$85,206 as US Jobs Miss | Crypto Report, Oct 2 appeared first on The Rio Times .
Bitcoin closed at US$85,206 on October 2, 2026, marking a 0.42% gain for the day. This gain occurred while U.S. jobs data came in weaker than expected, with payrolls rising by 29,000, much lower than the forecasted 90,000. The weak employment data had little impact on Bitcoin's small price increase. Meanwhile, Ethereum settled at US$2,714, up 0.32%.
The day's price range for Bitcoin was narrow, between US$84,555 and US$85,334. CoinShares reported US$3.55 billion in inflows into digital asset products in the week leading up to September 29. In Latin America, stablecoins like USDT and USDC are widely used to hold dollars, particularly in Brazil and Argentina. El Salvador continues to maintain a sovereign Bitcoin treasury, though its current usage in everyday payments remains unverified.
Stablecoins and dollar access through tokens are the dominant use cases in the region, as they offer practical digital access to dollars for savers and workers. The focus for Latin American readers should be on stablecoin infrastructure rather than Bitcoin price movements.
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