Markets
Bitcoin and ether remain close to their highs despite monetary tightening
On October 2, 2026, bitcoin and ether remain at high levels, around 76 946 € and 2 435 €, even as the US Federal Reserve adopts a more restrictive tone. This resilience supports risk appetite, without eliminating volatility risks.
On October 2, 2026, BusinessToday reports that bitcoin once again traded above a threshold equivalent to about 74 600 € (84 000 $) during the session, while staying below its October 2025 records. The market reference points used for this edition place bitcoin around 76 946 € (86 641 $), a level still close to recent highs but marked by rapid movements. This configuration illustrates a market that remains dynamic, in which intraday variations can remain significant for exposed investors.
According to BusinessToday, the current ascent of bitcoin follows a clear rebound from the mid‑2026 lows, without erasing the correction that occurred after the 2025 highs. At the same time, the Economic Times highlights that the recovery of large crypto caps continues. Ether thus regained the equivalent of about 2 397 € (2 700 $) according to BusinessToday, while the price reference used in this edition reports ether around 2 435 € (2 742 $), confirming a recovery but still in mixed territory.
The crypto page of the Economic Times, consulted on October 2, 2026, describes a market lifted by the rebound of large caps despite a message deemed “hawkish” from the US Federal Reserve in its latest communications. This firmer tone on rates should weigh on risk assets in principle, but bitcoin and ether are holding up for now. This resilience can be interpreted as an indicator of overall positive market sentiment, even if it does not presage the future price trajectory or a potential return of volatility.
For investors, the coexistence of high price levels and a stricter monetary environment underlines a fragile balance. Bitcoin’s holding around 76 946 € and ether’s proximity to 2 435 € reflect sustained demand, but dependence on central bank announcements remains strong. In this context, price sensitivity to macroeconomic data and monetary policy signals remains elevated, leaving open the possibility of rapid corrections in the event of a change in perception about rates or overall risk.
On a broader level, the ability of the two main crypto assets to absorb, at least temporarily, a firmer monetary discourse can fuel debate about their place in diversified portfolios. However, past episodes, recalled by BusinessToday with the post‑record correction of 2025, show that reversals can be abrupt. The situation on October 2, 2026 therefore confirms both the growing anchoring of bitcoin and ether in financial markets and the persistence of significant volatility risks, which market participants must continue to incorporate into their analyses.