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ZEC $1,333 Bitcoin Reclaims $87,000, Ripple Advances XRPL Lending, Shiba Inu Posts Best Month
Bitcoin moved above $87,000 after weak U.S. jobs data, RippleX opened a lending amendment for validator voting, and Shiba Inu ended September with a 13.5% gain.
Key takeaways
- Bitcoin hit $87,000. Bitcoin moved above $87,000 on Oct. 2 after nonfarm payrolls rose by just 29,000.
- Ripple opened voting. The LendingProtocolV1_1 amendment needs more than 80% support from trusted validators for two weeks.
- SHIB gained 13.5%. Shiba Inu ended September with a 13.5% monthly gain, its best month of 2026.
What happened
After weaker-than-expected U.S. jobs data, Bitcoin climbed from above $85,000 to above $87,000. The U.S. jobs report showed nonfarm payrolls rising by just 29,000, below expectations of 84,000 to 90,000. The unemployment rate reached 4.2%.
The weak jobs data lowered expectations for another Federal Reserve rate hike this month. Bitcoin had already moved above $85,000 on Sept. 30 following softer inflation data that reduced rate-hike odds.
RippleX opened the LendingProtocolV1_1 amendment for validator voting on Sept. 30. The amendment introduces closed-ended lending vaults and cash-basis accounting. It needs more than 80% support from trusted validators for two weeks.
Shiba Inu ended September with a 13.5% monthly gain, its best month of 2026. SHIB began September near $0.00000507 and hit a monthly high close to $0.00000625. It also posted a daily golden cross on Oct. 2, the first in almost two years.
SHIB also arrived on Solana via Sunrise, giving Solana market access to the Ethereum token's canonical form.
The XRP Ledger processed more than 900 million in a 24-hour period on Oct. 1. Ripple unlocked 1 billion XRP at the start of October before locking 700 million XRP back into escrow.
Why it matters
The weak jobs data lowered expectations for another Federal Reserve rate hike this month. Rate expectations can influence demand for risk assets like Bitcoin.
The XRPL lending amendment brings the XRP Ledger closer to native lending infrastructure. It needs more than 80% support from trusted validators for two weeks.
Shiba Inu's September gain and Solana listing expand its ecosystem reach. But exchange inflows introduce potential selling pressure, and the token's exchange reserve reached 88,076,900,000,000 SHIB as of October 3rd.
What the data shows
Bitcoin traded above $85,000 on Sept. 30 and reclaimed $87,000 on Oct. 2.
Shiba Inu closed September with a 13.5% monthly gain and surged 44.1% during Q3. Its exchange reserve reached 88,076,900,000,000 SHIB as of October 3rd. CryptoQuant data shows more than 74 billion SHIB in net exchange outflows, while another report noted approximately 277 billion SHIB added to exchanges.
Ripple unlocked 1 billion XRP at the start of October before locking 700 million XRP back into escrow.
Questions readers ask
Why did Bitcoin reclaim $87,000?
Bitcoin moved above $87,000 on Oct. 2 after the U.S. jobs report showed nonfarm payrolls rising by just 29,000, below expectations of 84,000 to 90,000. The weak data lowered expectations for another Federal Reserve rate hike this month.
What is the XRPL LendingProtocolV1_1 amendment?
RippleX opened the LendingProtocolV1_1 amendment for validator voting on Sept. 30. It introduces closed-ended lending vaults and cash-basis accounting, and it needs more than 80% support from trusted validators for two weeks.
How did Shiba Inu perform in September 2026?
Shiba Inu ended September with a 13.5% monthly gain, its best month of 2026. SHIB began September near $0.00000507 and hit a monthly high close to $0.00000625.
