Bitcoin and ethereum prices today, Monday, October 5, 2026: Bitcoin back above $86,000 after higher rate expectations fade

Bitcoin (BTC-USD) opened at $86,513.38 on Monday, October 5, 2026, up 2.1% from Sunday's opening price. As of 7:37 a.m. ET this morning, bitcoin dipped to $86,121.88.

Ethereum (ETH-USD) opened at $2,726.72 on Monday, October 5, 2026, up 1.5% from Sunday's opening price. The price of ethereum moved slightly lower this morning to $2,717.55 as of 7:37 a.m. ET.

Bitcoin and ethereum prices opened higher this morning, as Bitcoin reclaims the $86,000 threshold following a softer-than-expected jobs report that caused higher rate expectations to fade:

The Labor Department reported that the US added 29,000 jobs in September, missing expectations. The unemployment rate ticked up to 4.2% from 4.1% in the previous month.

Economists expected a gain of 90,000 jobs last month, following a revised print of 133,000 job gains in August.

The CME Group's FedWatch tool currently shows an 80.6% chance the Fed will hold rates steady in a few weeks and only a 19.4% chance rates will rise by 25 basis points. Compare that to just one week ago, when there was a 29.1% expectation rates would stay the same and a 70.9% chance rates would move higher.

Current price of bitcoin and ethereum

Bitcoin

Bitcoin's price this morning, Monday, October 5, 2026, was up 2.1% from Sunday's opening price. Here's a look at how the opening bitcoin price has changed versus last week, month, and year: