BTC This Week: October 2 NFP and US Economic Data in Focus

Two weeks after The Fed raised interest rates to the 3.75%–4% range, BTC price this week is moving around $83,900 while waiting for one number: the employment report, or October 2 NFP. 

The market gives around a 64% chance of another rate hike on October 28, according to BeInCrypto. Therefore, every US economic data release this week will help determine the direction of Bitcoin heading into October.

Key Takeaways

• Bitcoin is around $83,900, with resistance at $85,000 and support at $80,000.
• The October 2 NFP is released at 19:30 WIB, with a consensus of 83,000–90,000 new jobs.
• Weaker data could support BTC, while stronger data may pressure the price.

BTC Price This Week and Its Key Levels

According to CoinMarketCap, Bitcoin price was at $83,911 on Tuesday (9/29), up 1.29% in 24 hours. The 24-hour trading volume reached $35.24 billion (up 16.41%) with a market capitalization of $1.68 trillion. 

The 15-minute chart shows the price moving in a range of around $82,600 to $84,300 over the past day.

Analysts quoted by Coinpedia view $85,000 as the main resistance and $80,000 as key support. The current price is about 1.3% below that resistance. 

Read Also: BIS Reveals New Potential for XRP Ledger for Digital Financial Systems

The Market Periodical adds a support area around $82,000. Total crypto market capitalization briefly touched $3 trillion last week, then fell to around $2.94 trillion.

Another pressure comes from the 10-year Treasury yield, which remains high at around 5.15% according to Coinpedia and 5.23% according to The Market Periodical. Yields that high make it harder for risk assets such as Bitcoin to attract funds.

Want to monitor Bitcoin and other crypto assets? Register on Bittime, an OJK-licensed crypto platform.

US Economic Data Schedule This Week

Here is the agenda to watch, in WIB:

• Tuesday (9/29), 21:00: August JOLTS. The July figure was 7.27 million openings, up from 7.18 million in June, according to Coinpedia.
• Wednesday (9/30), 19:15: September ADP Employment, according to KuCoin.
• Wednesday (9/30), 19:30: August PCE and the third estimate of Q2 GDP. Monthly PCE is expected to rise 0.3% from 0.2% (Coinpedia), and annual Core PCE is projected at 3.4% from 3.3% (BeInCrypto).
• Thursday (10/1), 19:30: Weekly jobless claims. The previous figure was 197,000, with a projection of around 200,000 (Coinpedia).
• Thursday (10/1): ISM Manufacturing. The August figure was 54.6, with a price index of 71.1 (Investortrust).
• Friday (10/2), 19:30: NFP and the September unemployment rate.

Throughout the week, several Fed officials are also scheduled to speak, according to KuCoin.

Read Also: Popular Tokenized Stocks 2026: Technology Stocks Become Investor Favorites

October 2 NFP: This Week's Decisive Data

The NFP report closes out the data series and is considered the most influential. New jobs in August rose by 162,000. 

For September, economists project a sharp slowdown to around 83,000 according to Coinpedia and around 90,000 according to BeInCrypto. The unemployment rate is expected to remain at 4.1%, while hourly wages rose 0.3% in August.

For Bitcoin, this figure matters because it affects interest rate expectations. Stronger data gives the Fed a reason to hold or even raise rates. 

Weak data triggers speculation of a policy pivot. This pattern was seen in June, when Bitcoin rose after weak jobs data, according to BeInCrypto.

Fed Chair Kevin Warsh himself emphasized that trends matter more than a single data point. So, NFP is not necessarily the sole determinant of the October decision.

Read Also: 10+ Best AI Coins 2026: Here Is the List of Artificial Intelligence-Themed Cryptos! 

BTC Scenarios After NFP

The following three possibilities are only a framework for thinking, not a certain prediction:

• Weak data. Expectations of lower rates could support risk assets. BTC may test resistance at $85,000.
• Strong data. Concerns that high rates will stay longer. The price could fall to test $82,000 to $80,000.
• Data in line with expectations. The market tends to consolidate while waiting for the Fed decision on October 27–28.

Crypto assets are high-risk, so do your own research and use funds whose risk you are prepared to bear. This article is not investment advice.

Read Also: 10 Largest RWA Crypto Asset Tokenizations in the World

Conclusion

BTC price this week depends on a series of US data releases culminating in the October 2 NFP. The $85,000 and $80,000 levels are the main reference points, while PCE and the employment report are the two data releases most likely to determine interest rate expectations. Recheck consensus figures ahead of the release, because projections can change.

Check the prices of Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), GRAM, and BNB as well as leading memecoin DOGE. You can trade directly on Bittime!

Bittime is a licensed Digital Financial Asset Trader (PAKD) platform supervised by the Financial Services Authority — where you can buy Bitcoin in Indonesia and hundreds of other crypto assets starting from Rp10,000. The registration process is fast, secure, and can be started today.

Monitor USDT to IDR conversion and the price movements of your favorite crypto assets in real time. Everything is available in one crypto investment app that can be downloaded for free on the Play Store.

Ready to start? Register now on Bittime and execute your investment strategy with a platform trusted by millions of users in Indonesia.

FAQ

What is the BTC price this week? 

Bitcoin is trading around $83,900 on September 29, 2026. The figure moves quickly, so check the latest data before making a decision.

When is the October 2 NFP released? 

The September NFP report is released on Friday, October 2, 2026, at 19:30 WIB. The consensus is in the range of 83,000–90,000 new jobs.

Why does NFP affect Bitcoin price? 

NFP affects Fed interest rate expectations, which in turn impact the US dollar, bond yields, and interest in risk assets. The price reaction is not always the same on every release.

What other data is released this week besides NFP? 

There are JOLTS, ADP, PCE, Q2 GDP, jobless claims, and ISM Manufacturing. All are released between September 29 and October 2.