--- title: "Crypto market close, Oct. 5: Bitcoin edges down 0.7% to $85,767 as NEAR climbs 7.9%" description: "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." url: https://basisdesk.news/news/crypto-market-close-october-5-2026 published: 2026-10-06T00:05:55.401Z modified: 2026-10-06T00:05:55.401Z 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. 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](/coins/near) (NEAR), +7.9% to $5.29. ## Majors at the close | Asset | Close | Day | 7 days | Day range | |---|---:|---:|---:|---:| | [Bitcoin](/coins/bitcoin) (BTC) | $85,767 | −0.7% | +3.3% | $85,057–$86,970 | | [Ethereum](/coins/ethereum) (ETH) | $2,710 | −0.4% | +1.8% | $2,684–$2,736 | | [Binance Coin](/coins/binancecoin) (BNB) | $786.44 | −0.9% | +3.2% | $785.36–$809.38 | | [XRP](/coins/ripple) (XRP) | $1.51 | −0.6% | +1.1% | $1.49–$1.53 | | [Solana](/coins/solana) (SOL) | $120.75 | −0.5% | +1.9% | $119.06–$121.90 | | [TRON](/coins/tron) (TRX) | $0.3360 | +0.1% | +0.6% | $0.3348–$0.3369 | | [Hyperliquid](/coins/hyperliquid) (HYPE) | $94.17 | +4.3% | +4.7% | $90.04–$95.16 | | [Zcash](/coins/zcash) (ZEC) | $1,337 | −0.6% | −14.7% | $1,284–$1,354 | | [Dogecoin](/coins/dogecoin) (DOGE) | $0.0954 | −0.3% | +2.6% | $0.0940–$0.0970 | | [Monero](/coins/monero) (XMR) | $562.71 | +3.2% | +6.0% | $535.69–$562.71 | ## Biggest movers in the top 50 **Up:** [Maker](/coins/maker) +11.6% · [NEAR Protocol](/coins/near) +7.9% · [Internet Computer](/coins/internet-computer) +6.8% · [OKB](/coins/okb) +5.5% · [Render](/coins/render-token) +4.8% **Down:** Venice Token −4.6% · [Algorand](/coins/algorand) −3.5% · [Stellar](/coins/stellar) −3.4% · JUST −3.2% · [ChainLink](/coins/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](https://etherscan.io/tx/0xaa9091dfe8c03b2445b9673017a013b3f678667452861a3aff347a73b90944ce) (120,000,000 USDT) from Tether Treasury to Bitfinex - [$100.6M in USDC](https://etherscan.io/tx/0x8cfe91755c120a5641d60f5e75ad5182e40b7955c75e3165e73a37884365e70f) (100,571,562 USDC) from Circle to an unlabeled wallet - [$100.6M in USDC](https://etherscan.io/tx/0x2afaa15f30592938dbe386b0322adba7fd10d0850c2c320e103dcb14362a70dd) (100,571,562 USDC) from an unlabeled wallet to Circle Live feed: [whale transfers](/data/whales). ## 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](/news/telegram-ban-reshapes-huione-escrow-network) - [CFTC Chairman Selig Outlines Blockchain Market Structure Gaps in Fordham Address](/news/cftc-selig-fordham-blockchain-speech-market-structure) - [Bitmine Treasury Hits 6.02M ETH as Total Reserves Reach $17.4B](/news/bitmine-eth-treasury-reaches-six-million-tokens) - [Safe Reports $10 Million Annualized Revenue, Plans Breakeven and Network Token Shift](/news/safe-reports-10m-revenue-targets-breakeven-network-token) - [FinCEN Withdraws Proposed Rules on Unhosted Wallets and Crypto Mixing](/news/fincen-withdraws-unhosted-wallet-crypto-mixing-rules) ## 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](/news/crypto-market-close-october-4-2026). Not financial advice. ## Sources - --- Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai