Cryptocurrency2 Oct 2026SEO 801 min read

Analysis: Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%

Bitcoin dominance is closing in on 60% while USDT's has slipped to 6.3%, pointing to a market growing more comfortable with risk. Bitcoin rose 3.4% to mor…

Bitcoin dominance is closing in on 60% while USDT's has slipped to 6.3%, pointing to a market growing more comfortable with risk. Bitcoin rose 3.4% to more than $86,000 ahead of the U.S. jobs report, while gains across the broader crypto market signaled growing appetite for risk. Economists expect the United States to have added 90,000 jobs in September, and a stronger-than-forecast report could lift Treasury yields, revive interest-rate increase bets and pressure bitcoin. Rising open inte…

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