BTC$85,592.68▲ 1.89%
ETH$2,711.00▲ 0.87%
USDT$0.9997▲ 0.00%
BNB$775.34▲ 1.13%
XRP$1.51▲ 2.13%
USDC$0.9998▼ 0.01%
SOL$120.61▲ 2.82%
TRX$0.3349▲ 0.51%
ZEC$1,373.11▼ 0.43%
HYPE$89.83▲ 1.31%
DOGE$0.0954▲ 1.40%
LINK$14.25▼ 0.39%
XMR$542.53▲ 0.73%
ADA$0.2524▲ 3.08%
BTC$85,592.68▲ 1.89%
ETH$2,711.00▲ 0.87%
USDT$0.9997▲ 0.00%
BNB$775.34▲ 1.13%
XRP$1.51▲ 2.13%
USDC$0.9998▼ 0.01%
SOL$120.61▲ 2.82%
TRX$0.3349▲ 0.51%
ZEC$1,373.11▼ 0.43%
HYPE$89.83▲ 1.31%
DOGE$0.0954▲ 1.40%
LINK$14.25▼ 0.39%
XMR$542.53▲ 0.73%
ADA$0.2524▲ 3.08%
Home / Crypto News / Why Is Crypto Up Today? Bitcoin Rises 3.7% to $86.8K
Chart card: crypto market 24-hour change on October 2, 2026 with Bitcoin, Ether, total market value and top movers
Crypto News

Why Is Crypto Up Today? Bitcoin Rises 3.7% to $86.8K

Oct 2: total crypto market +2.8% in 24 hours, Bitcoin +3.7% at $86,823, Ether +2.3%; 45 of the top 50 coins higher. What moved and why.

CoinPulseHQ Editorial · ·3 min read

Crypto is up today. Total market value rose 2.8% in 24 hours to $2.95 trillion as of 13:00 UTC on Friday, October 2, 2026. Bitcoin traded at $86,823 (+3.7%) and Ether at $2,754 (+2.3%). 45 of the 50 largest coins were higher, and the median move was +2.3%.

Why is crypto up today? What the numbers show

  • Breadth. The move was broad: 45 of 50 large coins rose, so this was market-wide buying rather than one coin pulling the index.
  • Bitcoin versus altcoins. Only 11 of the other 49 large coins did better than Bitcoin, so money favoured the largest asset. Bitcoin dominance stands at 59.1%, and Ether underperformed Bitcoin by 1.4 percentage points.
  • Trading activity. 24-hour volume across the market was $107.0 billion, up 9.2% on the previous day. Volume did not change sharply, so the move was not driven by a surge of trading.
  • Bitcoin’s 24-hour range. From $83,470 (13:30 UTC, Oct 1) to $86,820 (12:57 UTC), a 4.0% swing. The high came after the low.

Stocks, the dollar and gold

Crypto often trades alongside other risk assets. Latest session for each (the date is the market’s last close or update):

Also read: Crypto Market Today: Bitcoin Steady Near $84.0K as Ethena Jumps 15%

Market Level Change As of
S&P 500 7,666.45 +0.2% Oct 1
Nasdaq Composite 26,871.60 +0.0% Oct 1
Gold 4,241.00 +0.9% Oct 2
US 10-year Treasury yield 5.174% -6.0 bp Oct 2

The Nasdaq rose 0.0% in its latest session, so crypto moved in the same direction as tech stocks. That points to a broad shift in risk appetite rather than a crypto-only story.

Biggest movers in the top 50

Gainers

Coin Price 24 hours 7 days
Sky (SKY) $0.09292 +17.8% +23.9%
Aave (AAVE) $183.68 +12.6% +23.6%
Worldcoin (WLD) $0.569 +9.8% +24.0%
Venice Token (VVV) $29.75 +8.2% -5.2%
Morpho (MORPHO) $2.67 +8.0% -5.1%

Losers

Coin Price 24 hours 7 days
Quant (QNT) $248.02 -10.9% +161.5%
Ethena (ENA) $0.247 -5.7% +1.1%
NEAR Protocol (NEAR) $4.93 -3.0% -2.3%
Mantle (MNT) $0.6807 -1.1% +0.5%
Zcash (ZEC) $1,386 -0.8% -13.6%

The stories behind today’s moves

What CoinPulseHQ reported in the past 24 hours:

Also read: Why Is Crypto Down Today? Bitcoin Falls 1.9% to $83.7K

Live prices for the top 50 coins are on our Markets page, and today’s biggest movers are on top crypto gainers and losers. Every daily report is collected on Crypto Market Today, and the previous one is Why Is Crypto Down Today? Bitcoin Falls 1.9% to $83.7K. For the bigger picture, read our weekly market wraps, and if you are wondering about trading hours, see is the crypto market open on weekends.

How this report is made

CoinPulseHQ calculates every figure in this report from CoinMarketCap and CoinGecko market data recorded at 13:00 UTC on Friday, October 2, 2026, and stock, dollar, gold and bond levels from CNBC quotes. Stablecoins and wrapped or staked versions of other coins are left out of the rankings. Changes are over the previous 24 hours. The report describes what prices did and which measurable factors moved with them; it does not claim a single cause and does not predict prices. It is not financial advice.

Editorial desk

The CoinPulseHQ Editorial desk covers cryptocurrency, blockchain and AI. Our AI-assisted newsroom builds each article from published, linked sources, checks it for accuracy before it goes live, and our editor reviews published articles and corrects anything that needs it.