---
title: "Crypto market close, Oct. 6: Bitcoin holds near $85,546"
description: "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."
url: https://basisdesk.news/news/crypto-market-close-october-6-2026
published: 2026-10-07T00:05:55.490Z
modified: 2026-10-07T00:05:55.490Z
section: Macro & Markets
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [BTC, ETH, UNI]
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. 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](/coins/uniswap) (UNI), −5.7% to $8.56.

## Majors at the close

| Asset | Close | Day | 7 days | Day range |
|---|---:|---:|---:|---:|
| [Bitcoin](/coins/bitcoin) (BTC) | $85,546 | −0.3% | +1.4% | $85,223–$86,599 |
| [Ethereum](/coins/ethereum) (ETH) | $2,697 | −0.5% | −1.3% | $2,683–$2,722 |
| [Binance Coin](/coins/binancecoin) (BNB) | $779.70 | −0.8% | +1.7% | $778.11–$787.90 |
| [XRP](/coins/ripple) (XRP) | $1.50 | −0.6% | −1.3% | $1.49–$1.52 |
| [Solana](/coins/solana) (SOL) | $120.72 | −0.1% | +0.6% | $119.05–$121.83 |
| [TRON](/coins/tron) (TRX) | $0.3355 | −0.3% | −0.1% | $0.3352–$0.3370 |
| [Hyperliquid](/coins/hyperliquid) (HYPE) | $92.01 | −2.3% | +3.6% | $91.39–$94.82 |
| [Zcash](/coins/zcash) (ZEC) | $1,367 | +2.3% | −5.7% | $1,320–$1,381 |
| [Dogecoin](/coins/dogecoin) (DOGE) | $0.0937 | −1.7% | −2.0% | $0.0933–$0.0963 |
| [Monero](/coins/monero) (XMR) | $559.51 | −0.6% | +2.7% | $554.48–$563.99 |

## Biggest movers in the top 50

**Up:** [Pepe](/coins/pepe) +7.0% · [OKB](/coins/okb) +6.1% · [Avalanche](/coins/avalanche-2) +4.4% · [Render](/coins/render-token) +3.8% · JUST +3.7%

**Down:** [Maker](/coins/maker) −10.4% · [Mantle](/coins/mantle) −9.2% · Venice Token −6.0% · [Internet Computer](/coins/internet-computer) −5.7% · [Uniswap](/coins/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](https://etherscan.io/tx/0x60f94af3c81e1b5f60877cbef1b01240d5798f2a317505738c48eee97c4421d5) (100,000,000 USDT) from an unlabeled wallet to Poloniex 10
- [$100.0M in USDT](https://etherscan.io/tx/0xa2c74b293db39fb3bdffdd07f390989d9e801d11587d92c2979e711f1696ebef) (100,000,000 USDT) from Poloniex 10 to an unlabeled wallet
- [$90.0M in USDC](https://etherscan.io/tx/0x1f01bed3dd0aa714fd0f31c7017147aec8fa6829eb165006814528cf422b31cf) (90,000,000 USDC) from an unlabeled wallet to Circle

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

## 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](/news/okx-secures-strategic-investment-at-25-billion-valuation)
- [Ethereum Schedules Glamsterdam Upgrade for Sepolia Testnet on Oct. 6](/news/ethereum-schedules-glamsterdam-upgrade-sepolia-testnet)
- [OKX Launches Standalone App OKX Money for Stablecoin Savings and Payments](/news/okx-launches-okx-money-stablecoin-app)
- [ECB Details Digital Euro Safeguards and Wholesale DLT Strategy](/news/ecb-digital-euro-tokenisation-pontes-appia)
- [UK HM Treasury Appoints Six Banks to Lead Pilot Digital Gilt Issuance](/news/uk-appoints-six-banks-digit-digital-gilt-pilot)

## 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](/news/crypto-market-close-october-5-2026). Not financial advice.

## Sources

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