Ethereum continued trading around USD 2,700 as attention shifted toward its ecosystem and exchange-traded products. The iShares Ethereum Trust ETF also began trading on a split-adjusted basis after its reverse stock split took effect. ETH remained below its earlier highs, leaving traders focused on whether demand could strengthen alongside Bitcoin during October.

Bitcoin remained near the USD 86,000 zone after weaker US employment data reduced expectations for an October Federal Reserve rate hike. The softer policy outlook supported risk assets, although elevated Treasury yields continued to limit enthusiasm. Traders were watching the USD 87,000 area closely, where recent price action has faced resistance during the recovery.

Crypto markets started the session with Bitcoin holding above USD 85,000, while Ethereum stayed near USD 2,700. Total market capitalization was around USD 2.93 trillion, with Bitcoin dominance near 58.7%. Major altcoins showed mixed moves, keeping attention on whether strength would broaden beyond large-cap assets as trading activity developed through the afternoon.

The crypto market is showing mixed activity today, with Bitcoin holding above USD 85,000 while Ethereum trades near USD 2,700. Altcoins are seeing varied moves, while ETF flows, US monetary policy expectations, Treasury yields, and fresh regulatory proposals remain important factors shaping sentiment. The broader market continues balancing institutional demand with macroeconomic pressure.