Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
SummaryBitcoin 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 interest and funding rates indicate traders are adding leveraged bullish positions, though $344 million in liquidations underscores the risk of heightened volatility. Crypto is a sea of green ahead of Fridays U.S. jobs report. Bitcoin traded above $86,000 at 9:10 UTC, up 3.4% over 24 hours. Ether , XRP (XRP), solana (SOL) and BNB also rose, though none kept pace with bitcoin. The bigger moves came further down the list. SKY, AAVE and APT jumped 7% to 10%, making them the best performers among the 100 largest coins by market value. Bitcoins dominance, or its share of the total crypto market, is closing in on 60%. Meanwhile, the share held by USDT, the largest dollar-pegged stablecoin, slipped to around 6.3%, suggesting traders are moving out of cash and into tokens. These two gauges point to a market growing more comfortable with risk. The nonfarm payrolls report, due at 8:30 a.m. ET, is expected









