---
title: "Crypto market close, Oct. 28: Bitcoin edges up 0.8% to $81,254"
description: "Bitcoin ended the UTC day at $81,254 after a $80,330–$81,632 range; 31 of the 50 largest crypto assets rose and 12 fell. Movers, whale flows, stablecoins and sentiment inside."
url: https://basisdesk.news/news/crypto-market-close-october-28-2026
published: 2026-10-29T00:05:47.305Z
modified: 2026-10-29T00:05:47.305Z
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, Oct. 28: Bitcoin edges up 0.8% to $81,254

Bitcoin ended the UTC day at $81,254 after a $80,330–$81,632 range; 31 of the 50 largest crypto assets rose and 12 fell. Movers, whale flows, stablecoins and sentiment inside.

## Key points

- Bitcoin closed at $81,254 (+0.8%) after a $80,330–$81,632 range.
- UNI was the top-30 standout at +2.6%; 31 of the top 50 rose, 12 fell.
- Whale tracker: 1,244 large transfers; exchange deposits $4.7B vs withdrawals $3.8B.

Bitcoin closed the UTC day on October 28, 2026 at $81,254, up 0.8% from its $80,638 open, after trading in a $80,330–$81,632 range. Ether ended at $2,357 (+0.6%). The total crypto market capitalization stood at $2.69T (+1.1% over 24 hours), with Bitcoin's share at 60.2%.

Breadth was positive: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 31 rose and 12 fell, and the median move was +0.6%. The standout among the top 30 was [Uniswap](/coins/uniswap) (UNI), +2.6% to $7.22.

## Majors at the close

| Asset | Close | Day | 7 days | Day range |
|---|---:|---:|---:|---:|
| [Bitcoin](/coins/bitcoin) (BTC) | $81,254 | +0.8% | −2.7% | $80,330–$81,632 |
| [Ethereum](/coins/ethereum) (ETH) | $2,357 | +0.6% | −4.6% | $2,323–$2,381 |
| [Binance Coin](/coins/binancecoin) (BNB) | $759.00 | +2.2% | +1.6% | $741.48–$760.79 |
| [XRP](/coins/ripple) (XRP) | $1.32 | −0.1% | −2.4% | $1.31–$1.34 |
| [Solana](/coins/solana) (SOL) | $102.32 | +1.2% | −4.3% | $100.44–$103.45 |
| [TRON](/coins/tron) (TRX) | $0.3295 | −0.6% | −0.4% | $0.3289–$0.3321 |
| [Hyperliquid](/coins/hyperliquid) (HYPE) | $80.66 | −0.6% | −0.9% | $79.53–$82.33 |
| [Zcash](/coins/zcash) (ZEC) | $1,309 | +0.6% | +1.6% | $1,265–$1,328 |
| [Dogecoin](/coins/dogecoin) (DOGE) | $0.0797 | +1.1% | −2.9% | $0.0785–$0.0806 |
| [Monero](/coins/monero) (XMR) | $597.79 | −1.3% | −0.8% | $591.98–$617.82 |

## Biggest movers in the top 50

**Up:** [Kaspa](/coins/kaspa) +5.5% · [Arbitrum](/coins/arbitrum) +3.0% · [Uniswap](/coins/uniswap) +2.6% · [Injective Protocol](/coins/injective-protocol) +2.2% · [ChainLink](/coins/chainlink) +2.2%

**Down:** Venice Token −7.2% · [Bitcoin Cash](/coins/bitcoin-cash) −2.5% · [Monero](/coins/monero) −1.3% · [Mantle](/coins/mantle) −1.2% · [Hedera Hashgraph](/coins/hedera-hashgraph) −1.1%

Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): SPX6900 (SPX) led gains at +4.6%; Grass (GRASS) fell the most, −9.3%.

## Sentiment

The Crypto Fear & Greed Index read 51 (Neutral), unchanged a day earlier. Basis Desk's own news-flow gauge counted 13 bullish, 12 bearish and 43 neutral items among 68 published during the day.

## Stablecoins

Stablecoin supply totaled $302.5B, down $198.9M over 24 hours. Largest: USDT $181.1B, USDC $71.4B, USDS $6.6B.

## Whale flows

Basis Desk's on-chain scanner logged 1,107 transfers of $5 million or more on Ethereum (ETH and major tokens) and 137 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $4.7B, against $3.8B withdrawn — net deposits, which can precede selling, though custody reshuffles look the same on-chain.

- [$400.0M in USDC](https://etherscan.io/tx/0x142b2bd5ca42e1358265d8507bfdeb7beb63828477c53ca5cc828f3cb74cc976) (400,000,000 USDC) from Coinbase Prime 1 to an unlabeled wallet
- [$281.4M in USDT](https://etherscan.io/tx/0x40ecab196e381a43fdb49f6177099805472dabd23a71e2853311dd3af1fd0b2c) (281,800,000 USDT) from Bitfinex to Tether Treasury
- [$279.7M in USDC](https://etherscan.io/tx/0x6a11e39c905982abc02efadc051e0f101e34e8588b669f9ce1d717e11f712eba) (279,653,571 USDC) from an unlabeled wallet to Coinbase

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

## Network fees

Ethereum gas was 0.07 gwei (standard); Bitcoin fees for next-half-hour confirmation were 2 sat/vB at the close.

## The day's top stories

- [Strategy Faces Possible MSCI Index Removal Under New Operating Rules](/news/strategy-faces-msci-index-exclusion-risk)
- [Bitcoin Holds Near $81,000 as Fed Freezes Rates in Hawkish Split Vote](/news/bitcoin-holds-fed-hawkish-hold-options-volatility)
- [Federal Reserve Poised to Hold Rates at 3.75% to 4.00% as Markets Eye December Hike](/news/fed-interest-rate-decision-hawkish-hold-bitcoin-macro)
- [Moody's Assigns A2 Deposit Rating to Ripple's RLUSD Stablecoin](/news/moodys-assigns-a2-deposit-rating-ripple-rlusd)
- [Birch Hill Raises $4M Seed Round to Bring Real-World Loans Onchain](/news/birch-hill-seed-round-onchain-private-credit)

## 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. 27](/news/crypto-market-close-october-27-2026). Not financial advice.

## Sources

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