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Basis Desk
Macro & Markets · 3 min read

Crypto market close, Oct. 1: Bitcoin rises 1.6% to $84,848 as NEAR tumbles 9.5%

Bitcoin ended the UTC day at $84,848 after a $83,183–$85,085 range; 20 of the 50 largest crypto assets rose and 25 fell. Movers, whale flows, stablecoins and sentiment inside.

Editorial oversight: Julian Mercer, Chief Editor
Neutral

Key points

  • Bitcoin closed at $84,848 (+1.6%) after a $83,183–$85,085 range.
  • NEAR was the top-30 standout at −9.5%; 20 of the top 50 rose, 25 fell.
  • Whale tracker: 1,006 large transfers; exchange deposits $2.2B vs withdrawals $1.9B.

Bitcoin closed the UTC day on October 1, 2026 at $84,848, up 1.6% from its $83,499 open, after trading in a $83,183–$85,085 range. Ether ended at $2,705 (+0.9%). The total crypto market capitalization stood at $2.91T (+2.4% over 24 hours), with Bitcoin's share at 58.3%.

Breadth was mixed: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 20 rose and 25 fell, and the median move was −0.1%. The standout among the top 30 was NEAR Protocol (NEAR), −9.5% to $4.81.

Majors at the close

Asset Close Day 7 days Day range
Bitcoin (BTC) $84,848 +1.6% +1.7% $83,183–$85,085
Ethereum (ETH) $2,705 +0.9% +2.3% $2,673–$2,719
Binance Coin (BNB) $771.47 +0.4% +0.3% $763.29–$773.34
XRP (XRP) $1.49 +0.4% +1.7% $1.47–$1.51
Solana (SOL) $118.45 +0.4% +4.7% $116.84–$119.54
TRON (TRX) $0.3346 −0.9% −1.4% $0.3322–$0.3384
Hyperliquid (HYPE) $87.66 −3.6% −3.4% $86.51–$90.90
Zcash (ZEC) $1,335 −7.0% −9.9% $1,307–$1,444
Dogecoin (DOGE) $0.0943 −0.0% +1.9% $0.0938–$0.0959
Monero (XMR) $543.93 −0.1% −0.3% $536.18–$553.29

Biggest movers in the top 50

Up: Aave +7.6% · Maker +7.5% · TON Coin +5.1% · Sui +1.6% · Bitcoin +1.6%

Down: Quant −15.4% · NEAR Protocol −9.5% · Ethena −7.8% · Zcash −7.0% · Pepe −6.1%

Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): SuperVerse (SUPER) led gains at +16.3%; ether.fi (ETHFI) fell the most, −7.3%.

Sentiment

The Crypto Fear & Greed Index read 72 (Greed), down from 74 a day earlier. Basis Desk's own news-flow gauge counted 11 bullish, 4 bearish and 24 neutral items among 39 published during the day.

Stablecoins

Stablecoin supply totaled $312.9B, up $1.1B over 24 hours. Largest: USDT $183.9B, USDC $74.0B, USDS $6.8B.

Whale flows

Basis Desk's on-chain scanner logged 908 transfers of $5 million or more on Ethereum (ETH and major tokens) and 98 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $2.2B, against $1.9B withdrawn.

Live feed: whale transfers.

Network fees

Ethereum gas was 0.18 gwei (standard); Bitcoin fees for next-half-hour confirmation were 4 sat/vB at the close.

The day's top stories

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: Sept. 30. Not financial advice.

Data sources

  1. [1] Coinbase Exchange market data — Coinbase
  2. [2] Kraken public market data — Kraken
  3. [3] DefiLlama prices and stablecoins — DefiLlama
  4. [4] Coinlore crypto market API — Coinlore
  5. [5] Crypto Fear & Greed Index — alternative.me
  6. [6] Basis Desk whale transfer tracker — Basis Desk

Automated data report generated from Basis Desk's own market snapshots and on-chain scanner — no AI-written text. Figures are as of the 00:00 UTC close; providers are listed above. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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Not financial advice. Basis Desk publishes information, not recommendations. Crypto assets are volatile and you can lose what you invest.