---
title: "Crypto market close, Oct. 1: Bitcoin rises 1.6% to $84,848 as NEAR tumbles 9.5%"
description: "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."
url: https://basisdesk.news/news/crypto-market-close-october-1-2026
published: 2026-10-02T00:05:58.548Z
modified: 2026-10-02T00:05:58.548Z
section: Macro & Markets
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [BTC, ETH, NEAR]
tags: [market close, crypto market, bitcoin price, daily report]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# 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.

## 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](/coins/near) (NEAR), −9.5% to $4.81.

## Majors at the close

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

## Biggest movers in the top 50

**Up:** [Aave](/coins/aave) +7.6% · [Maker](/coins/maker) +7.5% · [TON Coin](/coins/the-open-network) +5.1% · [Sui](/coins/sui) +1.6% · [Bitcoin](/coins/bitcoin) +1.6%

**Down:** [Quant](/coins/quant-network) −15.4% · [NEAR Protocol](/coins/near) −9.5% · [Ethena](/coins/ethena) −7.8% · [Zcash](/coins/zcash) −7.0% · [Pepe](/coins/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.

- [$135.0M in ETH](https://etherscan.io/tx/0xa56b5631e078c652b6203e385398001732a49ce546a5652e445066981401461f) (50,000 ETH) from Binance to an unlabeled wallet
- [$100.0M in USDC](https://etherscan.io/tx/0x546a7db3ca23f79eeaa1bf3f55ebbc94d8de4e11c947d00815c28d7ad0da23c6) (100,000,000 USDC) from an unlabeled wallet to Circle
- [$100.0M in USDC](https://etherscan.io/tx/0x98337a4709fedbf7d2ca437d7ff70d929c6bfae2f434b92d491e4f240dd39c93) (100,000,000 USDC) from Circle to an unlabeled wallet

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

## 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

- [ECB and BIS Warn Stablecoins Challenge Monetary Control and Banking Stability](/news/ecb-bis-warn-stablecoins-banking-stability-monetary-control)
- [Kiln Postmortem Details Full Lido Validator Exit After Compromise Cost 207 ETH in Missed Rewards](/news/kiln-lido-validator-exit-postmortem-infrastructure-compromise)
- [MetaMask Staking Exits Lido Validators Following Infrastructure Compromise](/news/metamask-staking-exits-lido-validators-infrastructure-compromise)
- [CFTC Submits Crypto and Swap Rules to White House OIRA for Review](/news/cftc-submits-crypto-swap-rules-oira-review)
- [SEC Proposes Overhaul of Crypto Custody Rules for Investment Advisers and Funds](/news/sec-proposes-crypto-custody-rules-investment-advisers-funds)

## 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](/news/crypto-market-close-september-30-2026). Not financial advice.

## Sources

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