---
title: "Crypto market close, Nov. 1: Bitcoin edges up 1.1% to $78,235"
description: "Bitcoin ended the UTC day at $78,235 after a $77,383–$78,235 range; 17 of the 50 largest crypto assets rose and 25 fell. Movers, whale flows, stablecoins and sentiment inside."
url: https://basisdesk.news/news/crypto-market-close-november-1-2026
published: 2026-11-02T00:05:49.250Z
modified: 2026-11-02T00:05:49.250Z
section: Macro & Markets
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [BTC, ETH]
tags: [market close, crypto market, bitcoin price, daily report]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Crypto market close, Nov. 1: Bitcoin edges up 1.1% to $78,235

Bitcoin ended the UTC day at $78,235 after a $77,383–$78,235 range; 17 of the 50 largest crypto assets rose and 25 fell. Movers, whale flows, stablecoins and sentiment inside.

## Key points

- Bitcoin closed at $78,235 (+1.1%) after a $77,383–$78,235 range.
- NEAR was the top-30 standout at −3.3%; 17 of the top 50 rose, 25 fell.
- Whale tracker: 742 large transfers; exchange deposits $1.9B vs withdrawals $4.4B.

Bitcoin closed the UTC day on November 1, 2026 at $78,235, up 1.1% from its $77,411 open, after trading in a $77,383–$78,235 range. Ether ended at $2,273 (+0.9%). The total crypto market capitalization stood at $2.59T (+0.3% over 24 hours), with Bitcoin's share at 60.5%.

Breadth was mixed: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 17 rose and 25 fell, and the median move was −0.0%. The standout among the top 30 was [NEAR Protocol](/coins/near) (NEAR), −3.3% to $4.28.

## Majors at the close

| Asset | Close | Day | 7 days | Day range |
|---|---:|---:|---:|---:|
| [Bitcoin](/coins/bitcoin) (BTC) | $78,235 | +1.1% | −2.8% | $77,383–$78,235 |
| [Ethereum](/coins/ethereum) (ETH) | $2,273 | +0.9% | −2.9% | $2,250–$2,273 |
| [Binance Coin](/coins/binancecoin) (BNB) | $711.82 | +1.4% | −4.2% | $700.67–$716.47 |
| [XRP](/coins/ripple) (XRP) | $1.25 | −0.1% | −3.8% | $1.24–$1.26 |
| [Solana](/coins/solana) (SOL) | $94.41 | −1.0% | −6.7% | $93.17–$95.76 |
| [TRON](/coins/tron) (TRX) | $0.3128 | +3.0% | −4.9% | $0.3036–$0.3144 |
| [Hyperliquid](/coins/hyperliquid) (HYPE) | $87.77 | −0.2% | +14.9% | $86.62–$88.45 |
| [Zcash](/coins/zcash) (ZEC) | $1,235 | −1.3% | +1.2% | $1,211–$1,262 |
| [Dogecoin](/coins/dogecoin) (DOGE) | $0.0754 | −0.1% | −1.7% | $0.0748–$0.0760 |
| [Monero](/coins/monero) (XMR) | $598.55 | −0.3% | −0.8% | $590.68–$609.88 |

## Biggest movers in the top 50

**Up:** [OKB](/coins/okb) +3.1% · [TRON](/coins/tron) +3.0% · [Uniswap](/coins/uniswap) +2.0% · [Render](/coins/render-token) +1.9% · JUST +1.8%

**Down:** [Morpho](/coins/morpho) −5.7% · [NEAR Protocol](/coins/near) −3.3% · [Ethena](/coins/ethena) −3.2% · [ChainLink](/coins/chainlink) −2.5% · Venice Token −1.9%

Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): OFFICIAL TRUMP (TRUMP) led gains at +8.8%; AKEDO (AKE) fell the most, −19.9%.

## Sentiment

The Crypto Fear & Greed Index read 37 (Fear), up from 34 a day earlier. Basis Desk's own news-flow gauge counted 7 bullish, 6 bearish and 7 neutral items among 20 published during the day.

## Stablecoins

Stablecoin supply totaled $298.6B, down $910.1M over 24 hours. Largest: USDT $179.3B, USDC $71.7B, USDS $6.4B.

## Whale flows

Basis Desk's on-chain scanner logged 667 transfers of $5 million or more on Ethereum (ETH and major tokens) and 75 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $1.9B, against $4.4B withdrawn — net withdrawals, commonly read as coins moving to custody.

- [$800.0M in USDC](https://etherscan.io/tx/0xb41c1572faa2b71c70f547c280690c6c801109827812819fee3ff67c3c356f57) (800,000,000 USDC) from Binance 91 to an unlabeled wallet
- [$799.0M in USDT](https://etherscan.io/tx/0xbeb5209076eef123bc4f56d3331c32cd5ff476916c9b26d13ab0aea96ea5abcf) (800,000,000 USDT) from an unlabeled wallet to Binance
- [$299.7M in USDT](https://etherscan.io/tx/0xa4863f07bb6d7ba03d8e3872ebec5b44a0d84163ec351fa85722bf487534e009) (300,000,000 USDT) from Binance to an unlabeled wallet

Live feed: [whale transfers](/data/whales).

## Network fees

Ethereum gas was 0.06 gwei (standard); Bitcoin fees for next-half-hour confirmation were 1 sat/vB at the close.

## The day's top stories

- [US Spot Bitcoin ETFs Bleed $643M Following Record $6.4B Binance Breach](/news/bitcoin-etfs-outflows-binance-exploit)
- [Binance Begins Resuming Withdrawals With Bitcoin Following $6.3 Billion Exploit](/news/binance-reopens-bitcoin-withdrawals-after-exploit)
- [FBI Blames North Korea for $6B Binance Exploit](/news/fbi-blames-north-korea-for-six-billion-binance-exploit)
- [MENA Crypto Economy Holds at $443 Billion as UAE Gains Ground and Türkiye Regulates](/analysis/mena-crypto-economy-uae-growth-turkiye-tokenized-gold)
- [OKX-ICE Tokenized Stock Venue Objections Hit 50 as Nvidia Joins Opt-Outs](/news/okx-ice-tokenized-stock-objections-reach-50-nvidia)

## How this report is made

This report is generated automatically from Basis Desk's market snapshots, with no AI-written text. Closing prices and day ranges come from our own 5-minute price history between 00:00 and 24:00 UTC (prices via Coinbase, Kraken and DefiLlama); 7-day changes, market values and the wider market from Coinlore; Fear & Greed from alternative.me; stablecoin supply from DefiLlama; fees from Ethereum mainnet and Blockstream; whale transfers from Basis Desk's own on-chain scanner. Previous close: [Oct. 31](/news/crypto-market-close-october-31-2026). Not financial advice.

## Sources

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai
