Bitcoin BTC$83,986.47 advanced by 42.7% throughout the third quarter, marking its strongest quarterly outcome since a 68.7% surge in the first quarter of 2024. Ether ETH$2,705.81 gained 70.8%, representing its most impressive performance since a 160.7% skyrocket in the first quarter of 2021.
Both major cryptocurrencies remained largely steady at the start of the fourth quarter, with bitcoin trading slightly below $84,000 and ether hovering just above $2,700.
Central bank interest rates have emerged as the primary macroeconomic narrative, as the U.S. 10-year Treasury yield reached a fresh 24-year peak overnight at 5.362%. It has since retreated to 5.282% as pessimistic investors likely cover their positions prior to tomorrow’s release of the U.S. Nonfarm Payrolls Report for September.
Analyst projections anticipate that the U.S. created 90,000 positions during the previous month, while the jobless rate is expected to remain steady at 4.1%.
Originally published at https://www.coindesk.com/tech/2026/10/01/live-updates-bitcoin-flat-near-usd84-000-after-best-quarter-since-2024.
