---
title: "Crypto market close, Oct. 29: Bitcoin drops 4.2% to $77,777 as TON jumps 43.5%"
description: "Bitcoin ended the UTC day at $77,777 after a $77,777–$81,800 range; 4 of the 50 largest crypto assets rose and 35 fell. Movers, whale flows, stablecoins and sentiment inside."
url: https://basisdesk.news/news/crypto-market-close-october-29-2026
published: 2026-10-30T00:05:47.683Z
modified: 2026-10-30T00:05:47.683Z
section: Macro & Markets
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bearish
tickers: [BTC, ETH, TON]
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. 29: Bitcoin drops 4.2% to $77,777 as TON jumps 43.5%

Bitcoin ended the UTC day at $77,777 after a $77,777–$81,800 range; 4 of the 50 largest crypto assets rose and 35 fell. Movers, whale flows, stablecoins and sentiment inside.

## Key points

- Bitcoin closed at $77,777 (−4.2%) after a $77,777–$81,800 range.
- TON was the top-30 standout at +43.5%; 4 of the top 50 rose, 35 fell.
- Whale tracker: 1,234 large transfers; exchange deposits $2.9B vs withdrawals $4.9B.

Bitcoin closed the UTC day on October 29, 2026 at $77,777, down 4.2% from its $81,220 open, after trading in a $77,777–$81,800 range. Ether ended at $2,249 (−4.6%). The total crypto market capitalization stood at $2.64T (−2.1% over 24 hours), with Bitcoin's share at 59.1%.

Breadth was negative: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 4 rose and 35 fell, and the median move was −6.8%. The standout among the top 30 was [TON Coin](/coins/the-open-network) (TON), +43.5% to $1.78.

## Majors at the close

| Asset | Close | Day | 7 days | Day range |
|---|---:|---:|---:|---:|
| [Bitcoin](/coins/bitcoin) (BTC) | $77,777 | −4.2% | −4.5% | $77,777–$81,800 |
| [Ethereum](/coins/ethereum) (ETH) | $2,249 | −4.6% | −6.1% | $2,248–$2,371 |
| [Binance Coin](/coins/binancecoin) (BNB) | $697.61 | −8.1% | −4.5% | $688.81–$759.61 |
| [XRP](/coins/ripple) (XRP) | $1.23 | −6.8% | −6.7% | $1.23–$1.32 |
| [Solana](/coins/solana) (SOL) | $95.40 | −6.7% | −8.2% | $95.40–$102.84 |
| [TRON](/coins/tron) (TRX) | $0.3597 | +9.3% | +6.5% | $0.3283–$0.3792 |
| [Hyperliquid](/coins/hyperliquid) (HYPE) | $89.14 | +10.5% | +14.4% | $78.13–$96.26 |
| [Zcash](/coins/zcash) (ZEC) | $1,220 | −6.9% | −2.0% | $1,220–$1,390 |
| [Dogecoin](/coins/dogecoin) (DOGE) | $0.0752 | −5.7% | −4.8% | $0.0751–$0.0811 |
| [Monero](/coins/monero) (XMR) | $603.65 | +1.2% | −4.7% | $582.50–$639.11 |

## Biggest movers in the top 50

**Up:** [TON Coin](/coins/the-open-network) +43.5% · [Hyperliquid](/coins/hyperliquid) +10.5% · [TRON](/coins/tron) +9.3% · [Monero](/coins/monero) +1.2%

**Down:** [Ethena](/coins/ethena) −16.3% · [NEAR Protocol](/coins/near) −14.3% · [Uniswap](/coins/uniswap) −10.9% · [Aave](/coins/aave) −10.9% · [Arbitrum](/coins/arbitrum) −10.5%

Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): Pi (PI) led gains at +1.1%; Convex Finance (CVX) fell the most, −15.4%.

## Sentiment

The Crypto Fear & Greed Index read 30 (Fear), down from 51 a day earlier. Basis Desk's own news-flow gauge counted 22 bullish, 22 bearish and 53 neutral items among 97 published during the day.

## Stablecoins

Stablecoin supply totaled $300.2B, down $2.2B over 24 hours. Largest: USDT $179.8B, USDC $71.4B, USDS $6.5B.

## Whale flows

Basis Desk's on-chain scanner logged 1,091 transfers of $5 million or more on Ethereum (ETH and major tokens) and 143 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $2.9B, against $4.9B withdrawn — net withdrawals, commonly read as coins moving to custody.

- [$1.6B in USDT](https://etherscan.io/tx/0x53bd38b816c23e74134786c29a8c18d792777998a3b9326047b583100e88e2f3) (1,615,409,499 USDT) from Binance to an unlabeled wallet
- [$499.5M in USDT](https://etherscan.io/tx/0x335b386c4bd1fa68dcc6e61073edfc50c2fba91d44e214bd00e6881c14c450ae) (500,000,000 USDT) from Binance to Tether Treasury
- [$213.5M in USDT](https://etherscan.io/tx/0x00140c3aac1d1992ccd5bc1c085cf6c8c620eb535b0e8d02bee0e0a2aa95f15b) (213,800,000 USDT) from Bitfinex to Tether Treasury

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

## Network fees

Ethereum gas was 8 gwei (standard); Bitcoin fees for next-half-hour confirmation were 2 sat/vB at the close.

## The day's top stories

- [Coinbase Applies for Brazil VASP License Ahead of Transition Deadline](/news/coinbase-files-brazil-crypto-license-vasp)
- [DBS Survey Finds 88% of Large Businesses Deploying or Piloting Tokenized Money](/news/dbs-survey-businesses-turn-to-tokenized-money)
- [Anthropic Files S-1 Registration for Nasdaq IPO Under Ticker ANT](/news/anthropic-files-form-s1-nasdaq-ipo-ant)
- [Coinbase Q3 Net Income Reaches $719M as Prediction Markets Pass $200M Run Rate](/news/coinbase-q3-2026-earnings-prediction-markets-net-income)
- [Malicious DebugBear Script Injected Into Polymarket Drains Trader Assets](/news/polymarket-breach-third-party-debugbear-script)

## 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. 28](/news/crypto-market-close-october-28-2026). Not financial advice.

## Sources

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