Bitcoin Falls to $81,665 and Ethereum to $2,478 After the Se

Last updated: October 2026

Bitcoin and ethereum gave back the jobs-report rally, then kept sliding. Bitcoin trades at $81,665 on October 8, 2026, down 4.79% from the $85,770.87 it held two days earlier. Ethereum sits at $2,478.31, down 8.56% over the same two days.

Six days ago the story ran the other way. Yahoo Finance reported crypto surging into the September employment report on October 2, then rising again after a record session for stocks on October 6. Both moves are worth reading against the actual numbers.

Quick Answer: Bitcoin trades at $81,665 and ethereum at $2,478.31 on October 8, 2026, according to CoinGecko and Coinbase spot quotes read that afternoon. Both sit below their October 6 levels, bitcoin by 4.79% and ethereum by 8.56%. The Bureau of Labor Statistics reported September unemployment at 4.2%, up from 4.1% in August, with nonfarm payrolls at 159.04 million. Ripsaw Saloon’s $RIP mint on Solana has logged 220 signatures since December 22, 2025, and none in the past seven days, per a mainnet RPC read taken October 8.

What are bitcoin and ethereum prices on October 8, 2026?

Live spot quotes and the week-over-week move, pulled from CoinGecko’s price API and cross-checked against Coinbase Exchange spot prices at 5:02 PM Central on October 8.

Asset	Price	24-hour change	Six-day change	Market cap
Bitcoin (BTC)	$81,665.00	−1.83%	−3.74%	$1.639 trillion
Ethereum (ETH)	$2,478.31	−3.51%	−8.39%	$301.8 billion

The six-day column compares each coin to its October 2 close, the day the September jobs report landed. Ethereum lost more than twice what bitcoin did over that stretch, an 8.39% slide against 3.74%.

Bitcoin price today

Bitcoin printed $81,665 on CoinGecko and $81,651.33 on Coinbase Exchange, a spread of about $14 between two independent venues. The coin’s market cap sits at $1.639 trillion, and its 24-hour range put the daily change at 1.83% to the downside.

The $85,770.87 print from October 6 is the level that matters for anyone who bought the headline. That is 4.79% above today’s quote, and it arrived two days after the October 2 article describing a market “surging ahead of September jobs report.”

Ethereum price today

Ethereum shows $2,478.31 on CoinGecko and $2,478.325 on Coinbase, which agree to within two cents. The second-largest coin is down 8.56% from its October 6 level of $2,710.42 and 8.39% from $2,705.30 on October 2.

Its $301.8 billion market cap keeps ethereum at roughly 18% of bitcoin’s size. Both figures come from the same API read, so the ratio rests on one source rather than two.

How the October 2 and October 6 reports compare

Yahoo Finance ran a bitcoin-and-ethereum price story on October 2 under a headline about prices surging ahead of the jobs report, and a second on October 6 describing prices rising after a record day for stocks. The daily closes fill in the rest: bitcoin finished October 5 at $86,489.73, October 6 at $85,770.87, and October 8 at $81,665.

A same-day market piece cannot report a reversal that starts the next session. That is the ordinary lag of daily coverage, and it is the reason the timestamp beside a price matters more than the headline above it.

Why did crypto fall after the September jobs report?

The Bureau of Labor Statistics published the September Employment Situation report on Friday, October 2. Bitcoin closed that day at $84,841.67, climbed to $86,489.73 by Monday, October 5, then slid to $81,665 by Thursday.

What the September employment report showed

The unemployment rate rose to 4.2% in September from 4.1% in August, according to the BLS Current Population Survey series LNS14000000. Total nonfarm employment, series CES0000000001, came in at 159,044 thousand against 159,015 thousand in August. That is a gain of roughly 29,000 jobs, and the September figure is still preliminary.

Read that pair together and the picture is a labor market adding workers slowly while more people look for work. A soft headline number pushes rate-cut expectations up, which usually helps crypto. This week it did not, and the sell-off ran through both coins.

Unemployment rate, April through September 2026

Month	Unemployment rate
September 2026	4.2%
August 2026	4.1%
July 2026	4.1%
June 2026	4.2%
May 2026	4.3%
April 2026	4.3%

Six months of data put the rate inside a two-tenths-of-a-point band. That is a steady labor market by the federal numbers, whatever a single Friday does to the price of bitcoin.

What does a 4.2% jobless rate mean for a Price County tavern?

We run a bar at 1117 Railroad Ave in Prentice, not a trading desk. Take the macro talk out and one thing is left. Discretionary money in a town this size comes from paychecks, and payrolls grew by roughly 29,000 jobs nationally in September.

That is a thin month. When hiring slows, overtime thins first, and overtime is what pays for a Friday fish fry and a brandy old fashioned after the shift.

We see it on the rail before we see it anywhere else. People trade down from a call brand to a well drink, and the tab total per stool falls without the head count changing a bit. That is a lived read, not a statistic, and it is why the price of bitcoin is a curiosity behind this bar while the jobs number is the thing that decides the week.

Can you tip in bitcoin at Ripsaw Saloon tonight?

Not directly, and the ledger says why. Our house token, $RIP, is the crypto rail we actually built, and its on-chain record this month is quiet. You can still tip your server in $RIP through the QR code on the check presenter, or use the crypto tip calculator to work the split.

What the $RIP ledger shows

A mainnet read of the $RIP mint on October 8 returned 220 signatures going back to December 22, 2025, with none recorded in the prior seven days and the most recent one stamped October 1 at 16:36 UTC. That is a primary chain read, not a dashboard summary.

The mint address, KCtkoQysUHvmFFUmngTC3BFxPunHWgHHzFmGeDVTLPF, still reports a supply of 997,206,879.64043409 with both the mint authority and the freeze authority revoked. Nobody can print more, and nobody can freeze a holder. Our own chain read of $RIP walked through the same fields five days ago.

Holder distribution, read from mainnet

Sixty-four token accounts exist for the mint. Fifty-six carry a balance, and the other eight sit at zero. The largest account holds 939,648,564.63 $RIP, or 94.23% of supply, and that concentration usually means a swap pool holds the tokens backing trades. The chain alone cannot prove who controls the account.

The long tail is tiny. The median funded account holds exactly 1.0 $RIP, and 47 of the 56 funded accounts hold under 100 tokens.

If you want the long version of how the token got here, the step-by-step guide to buying Ripsaw Token covers the wallet setup. For the wider picture on custody and reporting, use the Wisconsin cryptocurrency guide.

How do you check crypto prices yourself?

Four steps, no account required for any of them.

Read a live spot quote. Open a price aggregator and note the exact timestamp next to the number. A price without a time is not a price.
Hit the CoinGecko simple price endpoint. Pass ids=bitcoin,ethereum with vs_currencies=usd and request include_last_updated_at=true so the response carries its own timestamp.
Cross-check a second venue. Coinbase Exchange publishes a spot endpoint per pair. If the two venues disagree by more than a few dollars, something is stale.
For on-chain supply, query Solana directly. POST getTokenSupply with the mint address to Solana mainnet. The response returns the exact supply, the decimals, and the authority fields in one call.

The Solana getTokenSupply documentation lists every field that comes back. Read mintAuthority first. When it reports null, the supply is final.

Frequently asked questions

What are the bitcoin and ethereum prices today?

Bitcoin trades at $81,665 and ethereum at $2,478.31 as of October 8, 2026, per CoinGecko and Coinbase spot quotes read that afternoon. Bitcoin is down 1.83% in 24 hours and ethereum is down 3.51%.

Why did bitcoin and ethereum fall this week?

Both coins gave back the jobs-report gains. Bitcoin closed October 5 at $86,489.73 and October 8 at $81,665, a 5.58% drop over three sessions, while ethereum fell from $2,725.91 to $2,478.31, a 9.08% slide. The BLS put September unemployment at 4.2%, up one tenth from August.

What was the September 2026 unemployment rate?

The BLS reported 4.2% for September 2026, up from 4.1% in August and level with June. Nonfarm payrolls reached 159,044 thousand in preliminary September data, a gain of roughly 29,000 jobs over August.

Does Ripsaw Saloon accept bitcoin?

Not directly. We accept $RIP, our Solana token, for server tips through a QR code, and cash and cards work as always. We are open Monday and Thursday through Sunday from 2 PM until close, and closed Tuesday and Wednesday. The phone behind the bar is (715) 428-2042.

How many Ripsaw Tokens exist?

997,206,879.64043409 $RIP, according to a Solana mainnet read taken October 8, 2026. Both the mint authority and the freeze authority report null, so the supply is fixed.

Bitcoin Falls to $81,665 and Ethereum to $2,478 After the September Jobs Report