Crypto market close, Oct. 5: Bitcoin edges down 0.7% to $85,767 as NEAR climbs 7.9%
Bitcoin ended the UTC day at $85,767 after a $85,057–$86,970 range; 22 of the 50 largest crypto assets rose and 22 fell. Movers, whale flows, stablecoins and sentiment inside.
Key points
- Bitcoin closed at $85,767 (−0.7%) after a $85,057–$86,970 range.
- NEAR was the top-30 standout at +7.9%; 22 of the top 50 rose, 22 fell.
- Whale tracker: 1,139 large transfers; exchange deposits $2.1B vs withdrawals $1.9B.
Bitcoin closed the UTC day on October 5, 2026 at $85,767, down 0.7% from its $86,363 open, after trading in a $85,057–$86,970 range. Ether ended at $2,710 (−0.4%). The total crypto market capitalization stood at $2.89T (−0.3% over 24 hours), with Bitcoin's share at 59.3%.
Breadth was mixed: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 22 rose and 22 fell, and the median move was 0.0%. The standout among the top 30 was NEAR Protocol (NEAR), +7.9% to $5.29.
Majors at the close
| Asset | Close | Day | 7 days | Day range |
|---|---|---|---|---|
| Bitcoin (BTC) | $85,767 | −0.7% | +3.3% | $85,057–$86,970 |
| Ethereum (ETH) | $2,710 | −0.4% | +1.8% | $2,684–$2,736 |
| Binance Coin (BNB) | $786.44 | −0.9% | +3.2% | $785.36–$809.38 |
| XRP (XRP) | $1.51 | −0.6% | +1.1% | $1.49–$1.53 |
| Solana (SOL) | $120.75 | −0.5% | +1.9% | $119.06–$121.90 |
| TRON (TRX) | $0.3360 | +0.1% | +0.6% | $0.3348–$0.3369 |
| Hyperliquid (HYPE) | $94.17 | +4.3% | +4.7% | $90.04–$95.16 |
| Zcash (ZEC) | $1,337 | −0.6% | −14.7% | $1,284–$1,354 |
| Dogecoin (DOGE) | $0.0954 | −0.3% | +2.6% | $0.0940–$0.0970 |
| Monero (XMR) | $562.71 | +3.2% | +6.0% | $535.69–$562.71 |
Biggest movers in the top 50
Up: Maker +11.6% · NEAR Protocol +7.9% · Internet Computer +6.8% · OKB +5.5% · Render +4.8%
Down: Venice Token −4.6% · Algorand −3.5% · Stellar −3.4% · JUST −3.2% · ChainLink −2.5%
Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): ORCA (ORCA) led gains at +21.0%; Helium (HNT) fell the most, −10.3%.
Sentiment
The Crypto Fear & Greed Index read 73 (Greed), up from 70 a day earlier. Basis Desk's own news-flow gauge counted 16 bullish, 4 bearish and 23 neutral items among 43 published during the day.
Stablecoins
Stablecoin supply totaled $314.1B, up $1.1B over 24 hours. Largest: USDT $184.2B, USDC $74.4B, USDS $7.0B.
Whale flows
Basis Desk's on-chain scanner logged 1,039 transfers of $5 million or more on Ethereum (ETH and major tokens) and 100 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $2.1B, against $1.9B withdrawn.
- $120.0M in USDT (120,000,000 USDT) from Tether Treasury to Bitfinex
- $100.6M in USDC (100,571,562 USDC) from Circle to an unlabeled wallet
- $100.6M in USDC (100,571,562 USDC) from an unlabeled wallet to Circle
Live feed: whale transfers.
Network fees
Ethereum gas was 0.50 gwei (standard); Bitcoin fees for next-half-hour confirmation were 1 sat/vB at the close.
The day's top stories
- Telegram Takedowns Reshape Huione Escrow Network as Tudou Volumes Surge
- CFTC Chairman Selig Outlines Blockchain Market Structure Gaps in Fordham Address
- Bitmine Treasury Hits 6.02M ETH as Total Reserves Reach $17.4B
- Safe Reports $10 Million Annualized Revenue, Plans Breakeven and Network Token Shift
- FinCEN Withdraws Proposed Rules on Unhosted Wallets and Crypto Mixing
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. 4. Not financial advice.
Data sources
- [1] Coinbase Exchange market data — Coinbase
- [2] Kraken public market data — Kraken
- [3] DefiLlama prices and stablecoins — DefiLlama
- [4] Coinlore crypto market API — Coinlore
- [5] Crypto Fear & Greed Index — alternative.me
- [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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