{"id":47712,"date":"2026-10-04T10:41:09","date_gmt":"2026-10-04T10:41:09","guid":{"rendered":"https:\/\/financialrush.com\/?p=47712"},"modified":"2026-10-04T10:41:09","modified_gmt":"2026-10-04T10:41:09","slug":"pump-soars-16-in-24-hours-bitcoin-reclaims-85k-weekend-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=47712","title":{"rendered":"PUMP Soars 16% in 24 Hours, Bitcoin Reclaims $85K: Weekend Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin’s price has climbed slightly on Sunday morning, jumping past $85,000 after the major volatility experienced on Friday after the release of the US jobs report.<\/p>\n

Most larger-cap alts are also slightly in the green over the past day, with ETH challenging the $2,700 resistance, while XRP is up to $1.50.<\/p>\n

BTC to Reclaim $85K<\/h2>\n

Bitcoin’s previous business week began with a leg down that drove it from the upper boundary of its trading range at $85,000 to just under the lower at $82,500. The following few days were choppy before the PCE data came out on Wednesday. As it was lower than expected<\/a>, BTC skyrocketed to $85,600 within minutes. However, the subsequent move was just as rapid, but to the downside.<\/p>\n

Thursday was calmer, with BTC standing between $82,500 and $84,000. It began to climb again on Friday and was boosted by the much weaker-than-expected US jobs report. The initial move<\/a> was quite bullish, as bitcoin jumped past $87,000 for the first time in ten days or so.<\/p>\n

Somewhat surprisingly, though, it crashed<\/a> almost immediately and had dumped to under $84,000 within hours. The bulls finally intervened at this point and helped BTC recover<\/a> to $84,000 on Saturday. It has increased slightly to over $85,000 as of now on Sunday.<\/p>\n

Its market capitalization has jumped to $1.710 trillion on CMC, while its dominance over the alts remains flat at 59%.<\/p>\n

<\/a>
BTCUSD October 4. Source: TradingView<\/figcaption><\/figure>\n

PUMP Pumps<\/h2>\n

Ethereum has returned to $2,700 today after a minor increase from yesterday. XRP eyes $1.50 following a 1.1% jump. BNB nears $800 after a more impressive 2.9% increase. Most other larger-cap alts have risen by about 1-2%. HYPE is up by 3% and stands above $90.<\/p>\n

CRO, NEAR, and TAO have gained up to 4.5%, while RAIN and PUMP are the two top performers from this cohort of alts. The former has gained almost 14%, while the latter is up by 16% to $0.0063. ZRO and AERO follow suit in terms of daily gains.<\/p>\n

The total crypto market cap has increased by approximately $30 billion daily and now sits at $2.910 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview October 4. Source: QuantifyCrypto<\/figcaption><\/figure>\n

 <\/p>\n

The post PUMP Soars 16% in 24 Hours, Bitcoin Reclaims $85K: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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