Crypto market close, Oct. 6: Bitcoin holds near $85,546
Bitcoin ended the UTC day at $85,546 after a $85,223–$86,599 range; 10 of the 50 largest crypto assets rose and 34 fell. Movers, whale flows, stablecoins and sentiment inside.
Key points
- Bitcoin closed at $85,546 (−0.3%) after a $85,223–$86,599 range.
- UNI was the top-30 standout at −5.7%; 10 of the top 50 rose, 34 fell.
- Whale tracker: 1,060 large transfers; exchange deposits $2.2B vs withdrawals $1.6B.
Bitcoin closed the UTC day on October 6, 2026 at $85,546, little changed from its $85,792 open, after trading in a $85,223–$86,599 range. Ether ended at $2,697 (−0.5%). The total crypto market capitalization stood at $2.87T (−0.7% over 24 hours), with Bitcoin's share at 59.6%.
Breadth was negative: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 10 rose and 34 fell, and the median move was −1.3%. The standout among the top 30 was Uniswap (UNI), −5.7% to $8.56.
Majors at the close
| Asset | Close | Day | 7 days | Day range |
|---|---|---|---|---|
| Bitcoin (BTC) | $85,546 | −0.3% | +1.4% | $85,223–$86,599 |
| Ethereum (ETH) | $2,697 | −0.5% | −1.3% | $2,683–$2,722 |
| Binance Coin (BNB) | $779.70 | −0.8% | +1.7% | $778.11–$787.90 |
| XRP (XRP) | $1.50 | −0.6% | −1.3% | $1.49–$1.52 |
| Solana (SOL) | $120.72 | −0.1% | +0.6% | $119.05–$121.83 |
| TRON (TRX) | $0.3355 | −0.3% | −0.1% | $0.3352–$0.3370 |
| Hyperliquid (HYPE) | $92.01 | −2.3% | +3.6% | $91.39–$94.82 |
| Zcash (ZEC) | $1,367 | +2.3% | −5.7% | $1,320–$1,381 |
| Dogecoin (DOGE) | $0.0937 | −1.7% | −2.0% | $0.0933–$0.0963 |
| Monero (XMR) | $559.51 | −0.6% | +2.7% | $554.48–$563.99 |
Biggest movers in the top 50
Up: Pepe +7.0% · OKB +6.1% · Avalanche +4.4% · Render +3.8% · JUST +3.7%
Down: Maker −10.4% · Mantle −9.2% · Venice Token −6.0% · Internet Computer −5.7% · Uniswap −5.7%
Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): Numeraire (NMR) led gains at +33.4%; Mina Protocol (MINA) fell the most, −23.4%.
Sentiment
The Crypto Fear & Greed Index read 71 (Greed), down from 73 a day earlier. Basis Desk's own news-flow gauge counted 11 bullish, 2 bearish and 26 neutral items among 39 published during the day.
Stablecoins
Stablecoin supply totaled $314.1B, up $931.7M over 24 hours. Largest: USDT $184.2B, USDC $74.3B, USDS $7.0B.
Whale flows
Basis Desk's on-chain scanner logged 972 transfers of $5 million or more on Ethereum (ETH and major tokens) and 88 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $2.2B, against $1.6B withdrawn — net deposits, which can precede selling, though custody reshuffles look the same on-chain.
- $100.0M in USDT (100,000,000 USDT) from an unlabeled wallet to Poloniex 10
- $100.0M in USDT (100,000,000 USDT) from Poloniex 10 to an unlabeled wallet
- $90.0M in USDC (90,000,000 USDC) from an unlabeled wallet to Circle
Live feed: whale transfers.
Network fees
Ethereum gas was 0.36 gwei (standard); Bitcoin fees for next-half-hour confirmation were 1 sat/vB at the close.
The day's top stories
- OKX Secures Strategic Investment From Circle, Ripple and SC Ventures at $25B Valuation
- Ethereum Schedules Glamsterdam Upgrade for Sepolia Testnet on Oct. 6
- OKX Launches Standalone App OKX Money for Stablecoin Savings and Payments
- ECB Details Digital Euro Safeguards and Wholesale DLT Strategy
- UK HM Treasury Appoints Six Banks to Lead Pilot Digital Gilt Issuance
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. 5. 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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