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Crypto prices surging ahead of September jobs report

Posted by Bill Rippel on October 03, 2026 - 1:19am


Bitcoin and ethereum prices today, Friday, October 2, 2026: Crypto prices surging ahead of September jobs report

Crypto prices surging ahead of September jobs report

Bitcoin (BTC-USD) opened at $84,849.93 on Friday, October 2, 2026, up 1.6% from Thursday's open. As of 7:25 a.m. ET this morning, the price of bitcoin jumped to $86,459.67.

Ethereum (ETH-USD) opened at $2,705.58 on Friday, October 2, 2026, up 0.8% from Thursday's opening price. The price of ethereum moved up to $2,747.05 as of 7:25 a.m. ET.

Bitcoin and ethereum opened higher this morning, and crypto prices are rising further in early trading.

Ethereum has finally broken out of the $2,600 range it has maintained since September 24, and bitcoin moved back above $86,000 for the second time in about two weeks. Prior to that, bitcoin hadn't reached $86,000 since January.

Here's more on why crypto is surging ahead of the September jobs report:

Bitcoin (BTC) and the broader cryptocurrency market rose on Friday ahead of the U.S. jobs report, lifting large-cap crypto-linked stocks. A wave of short liquidations, easing Treasury yields and a fresh $113,000 Bitcoin target from Citigroup added to the rally's momentum.

Bitcoin's price climbed 2.9% in the last 24 hours to around $86,200. On Stocktwits, retail sentiment around the apex cryptocurrency continued to trend in 'bearish' territory over the past day, accompanied by 'low' levels of chatter.

Watch for more: Bitcoin just had its strongest Q3 since 2017 — even amid the bond sell-off

The price of bitcoin this morning, Friday, October 2, 2026, was up 1.6% compared to Thursday's opening price. Here's a look at how the opening bitcoin price has changed versus last week, month, and year:

  • One week ago: +0.6%

  • One month ago: +9.6%

  • One year ago: -28.5%

The all-time high for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low value for bitcoin was $0.04865 on July 14, 2010. 

The price of ethereum this morning, Friday, October 2, 2026, was 0.8% higher than Thursday's open. Here's a look at how the opening ethereum price has changed versus last week, month, and year:

  • One week ago: +0.7%

  • One month ago: +11.9%

  • One year ago: -37.8%

The all-time high for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low value for ethereum was $0.4209 on Oct. 21, 2015. 

Bitcoin, ethereum, and other cryptocurrencies are rapidly evolving. Follow the latest developments from Yahoo Finance and others here.

So, you put a little mad money into bitcoin a few years ago. Now, your crypto-fueled profit means you have a sweet nest egg to put toward a house.

But can you buy a house with crypto rather than using cash or a traditional mortgage loan? What are the roadblocks? And what about taxes?

President Trump wants the United States to be "the crypto capital of the world." In that spirit, in late June, Director of the Federal Housing Finance Agency (FHFA) William J. Pulte ordered Fannie Mae and Freddie Mac to "prepare their businesses to count cryptocurrency as an asset for a mortgage."

 

The FHFA supervises Fannie Mae and Freddie Mac, the government-sponsored companies that fund a major portion of the mortgage industry.

Pulte said the housing system "needs a massive upgrade," adding, "I want people who own cryptocurrency to be able to buy homes like everyone else. I believe cryptocurrency is an asset. I believe Americans should be able to use their crypto if they want to. It's time the housing system caught up."

This signals what could be a fundamental change to how cryptocurrency may be used to qualify for a mortgage.

Learn more: Want to buy a house with crypto? Here's what to expect. 

Whether you're brand new to tracking the value of bitcoin and ethereum or a more seasoned crypto investor, Yahoo Finance's price-of-bitcoin chart and price-of-ethereum chart below show a visual history of how the currencies' value continues to move and evolve.