Monica Markets | Friday, October 2, 2026: Bitcoin Closes the Week Above $86,000

Friday Has a Different Feeling

Monday’s market opened with quite a bit of red on the screen.

Five days later, the picture looks noticeably different.

Bitcoin is back above $86,000. Ethereum has climbed above $2,700. Solana has pushed past $121, while BNB has moved closer to $780.

The wider market is also showing gains. CoinGecko’s latest figures put Bitcoin around $86,577, Ethereum around $2,740 and Solana around $121, while BNB is trading around $781. 

And Monica’s own Friday snapshot tells a similar story.

Here Is What Monica Is Showing Today

At the time of today’s Monica app snapshot, Bitcoin is trading at $86,356, up 3.26%.

Ethereum is at $2,746.50, up 2.27%, while BNB is at $776.28, gaining 1.16%.

Solana is one of the strongest movers on the screen at $121.67, up 3.62%.

TRON is the exception among the major moving assets, sitting at $0.3345, down 0.43%.

USDT remains at $1.00, with five networks displayed on Monica, while USDC is also at $1.00 across four networks.

Base is showing $2,746.50, up 2.27%, alongside ETH, USDT and USDC.

These are the rates displayed directly on the Monica app at approximately 11:13 a.m. on Friday, October 2, 2026.

And Look at Where We Started on Monday

The weekly picture is even more interesting when we compare today’s Monica snapshot with Monday’s opening.

Bitcoin started the week at $82,868. It is now at $86,356, putting it roughly 4.2% higher than Monday’s snapshot.

Ethereum moved from $2,646.23 to $2,746.50, an increase of about 3.8%.

BNB went from $762.51 to $776.28, while Solana moved from $118.32 to $121.67.

So while the week had its moments of uncertainty, the market is ending it considerably stronger than it began.

Solana’s move is particularly notable. It has gained about 2.8% from Monday’s Monica snapshot, while today’s 3.62% daily increase makes it one of the stronger performers on the screen.

Bitcoin Has More Than Just a Price Story Today

Bitcoin’s move above $86,000 comes as traders wait for a major piece of economic information from the United States.

The September US employment report is due later today, with markets watching payroll growth, unemployment and wage data for clues about what the Federal Reserve could do next. Bitcoin was already trading higher ahead of the report, while rising bond yields and a stronger dollar remained important risks for broader markets. 

That matters because Bitcoin is increasingly sensitive to the same macroeconomic forces affecting other financial assets.

Interest rates, bond yields, inflation, the dollar and liquidity can all influence how much risk investors are willing to take.

And the rate conversation has changed quite a bit this week.

The Fed Question Has Shifted

Earlier in the week, markets were pricing in a much higher possibility of another US rate hike in October.

That has changed.

Federal Reserve officials John Williams and Philip Jefferson have recently signalled that policymakers want to wait for more data before making another move. Reuters reported that markets had reduced the probability of an October hike to around 25%, from roughly 70% a week earlier. 

Then, on Friday, Reuters reported that traders were pricing around a 76% probability of the Fed leaving rates unchanged in October. 

That is important for crypto because expectations around interest rates can quickly change the mood across risk assets.

But there is still a lot of data to come.

The Naira Is Also Ending the Week Relatively Calm

The naira has been relatively stable against the dollar as the week closes.

Today’s reported official-market rate is around ₦1,328.17 per US dollar, close to the CBN reference rate of ₦1,329.16. In the parallel market, the dollar is being quoted around ₦1,375 to ₦1,390, depending on whether it is a buying or selling quote. 

Another market update puts the official dollar rate around ₦1,328.16 to ₦1,329.16, with parallel-market quotes around ₦1,376 to ₦1,384. 

The relatively narrow gap between the official and parallel markets remains worth watching, particularly after the CBN’s recent decision to cut the Monetary Policy Rate from 26.5% to 23%. 

For Nigerians dealing with dollars, crypto or international payments, the naira’s movement matters just as much as the dollar price of the asset itself.

A Bitcoin price can rise in dollars while the naira moves differently against the dollar. That means the value ultimately experienced by a Nigerian user can tell a slightly different story.

What Should We Watch Next Week?

October is only getting started, and next week already has several things worth keeping an eye on.

The US Jobs Data

The biggest immediate event is today’s September US employment report.

The market will look beyond the headline payroll number. Unemployment, wage growth and labour-force participation can all influence expectations around the Fed’s next decision. 

The Fed Minutes

On Wednesday, October 7, the Federal Reserve is scheduled to release the minutes from its September 15–16 meeting. Those minutes could offer more detail about how policymakers viewed inflation, employment and the path for interest rates. 

US Services Activity

The ISM Services PMI is also scheduled for Monday, October 5. Because services make up such a large part of the US economy, the report can provide another indication of whether economic activity is cooling or remaining resilient. 

Bond Yields and the Dollar

These two deserve attention throughout the week.

When Treasury yields rise sharply, risk assets can come under pressure. Bitcoin’s performance this week has already been closely watched alongside movements in yields and the dollar. 

ETF Flows

After the powerful Bitcoin ETF inflows recorded last week, investors will also be watching whether institutional demand remains strong.

The direction of ETF flows can provide another piece of the puzzle around demand for Bitcoin, particularly as the asset enters the final quarter of the year.

Oil and Geopolitical Headlines

Oil has already shown how quickly it can become a crypto story.

Any major movement in crude prices can affect inflation expectations, bond yields and interest-rate expectations. That means developments in the Middle East and energy markets remain relevant even when the headline is not about cryptocurrency.

So, How Did the Week End?

Bitcoin came into the week below $83,000 on Monica.

It is leaving the week above $86,000.

Ethereum moved back above $2,700. Solana climbed beyond $121. BNB gained ground. Stablecoins remained around their $1 mark, while TRON was the only major asset on Monica’s Friday screen showing a daily decline.

The broader market is also higher than it was at the start of the week, but the next move will depend on more than a green screen.

Jobs data.

Inflation.

Interest rates.

Bond yields.

ETF flows.

The dollar.

Oil.

And, as always, the news nobody saw coming.

That is the thing about markets. Friday may close the week, but it never really closes the story.

A Little Friday Reminder From Monica

Whether you are watching Bitcoin because you trade it, holding crypto for the longer term, receiving digital assets from abroad or simply keeping an eye on where your money is moving, knowing the market is only half the job.

The other half is knowing how to move your money when you need to.

With Monica, supported crypto assets can be converted directly to naira and sent to your bank account, giving you a straightforward way to move from digital assets to everyday money.

The market is always moving. Your money should be able to move with you.

Explore Monica⁠ Here: https://monica.cash/app

Market prices shown above are based on the Monica app snapshot taken at approximately 11:13 a.m. on October 2, 2026. Cryptocurrency and foreign-exchange rates can change continuously.