Crypto market close, Oct. 7: Bitcoin slips 2.6% to $83,286 as TON tumbles 13.2%
Bitcoin ended the UTC day at $83,286 after a $82,762–$85,596 range; 3 of the 50 largest crypto assets rose and 40 fell. Movers, whale flows, stablecoins and sentiment inside.
Key points
- Bitcoin closed at $83,286 (−2.6%) after a $82,762–$85,596 range.
- TON was the top-30 standout at −13.2%; 3 of the top 50 rose, 40 fell.
- Whale tracker: 1,443 large transfers; exchange deposits $4.3B vs withdrawals $2.6B.
Bitcoin closed the UTC day on October 7, 2026 at $83,286, down 2.6% from its $85,499 open, after trading in a $82,762–$85,596 range. Ether ended at $2,574 (−4.5%). The total crypto market capitalization stood at $2.82T (−1.6% over 24 hours), with Bitcoin's share at 59.0%.
Breadth was negative: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 3 rose and 40 fell, and the median move was −4.2%. The standout among the top 30 was TON Coin (TON), −13.2% to $1.44.
Majors at the close
| Asset | Close | Day | 7 days | Day range |
|---|---|---|---|---|
| Bitcoin (BTC) | $83,286 | −2.6% | −0.6% | $82,762–$85,596 |
| Ethereum (ETH) | $2,574 | −4.5% | −4.5% | $2,543–$2,699 |
| Binance Coin (BNB) | $772.00 | −0.8% | +0.4% | $761.28–$779.00 |
| XRP (XRP) | $1.42 | −5.0% | −6.1% | $1.41–$1.50 |
| Solana (SOL) | $116.26 | −3.5% | −2.7% | $115.28–$120.63 |
| TRON (TRX) | $0.3353 | −0.0% | −1.5% | $0.3318–$0.3358 |
| Hyperliquid (HYPE) | $88.48 | −3.7% | +2.2% | $87.12–$92.21 |
| Zcash (ZEC) | $1,327 | −2.6% | −6.8% | $1,293–$1,368 |
| Dogecoin (DOGE) | $0.0890 | −4.9% | −7.1% | $0.0879–$0.0939 |
| Monero (XMR) | $553.70 | −0.9% | +2.2% | $545.25–$571.71 |
Biggest movers in the top 50
Up: NEAR Protocol +5.3% · Maker +1.4% · JUST +0.4%
Down: Shiba Inu −13.6% · TON Coin −13.2% · Uniswap −7.4% · Hedera Hashgraph −7.0% · Arbitrum −6.9%
Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): The Sandbox (SAND) led gains at +16.3%; Mina Protocol (MINA) fell the most, −19.0%.
Sentiment
The Crypto Fear & Greed Index read 64 (Greed), down from 71 a day earlier. Basis Desk's own news-flow gauge counted 13 bullish, 4 bearish and 26 neutral items among 43 published during the day.
Stablecoins
Stablecoin supply totaled $313.8B, up $639.4M over 24 hours. Largest: USDT $184.3B, USDC $73.8B, USDS $7.1B.
Whale flows
Basis Desk's on-chain scanner logged 1,304 transfers of $5 million or more on Ethereum (ETH and major tokens) and 139 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $4.3B, against $2.6B withdrawn — net deposits, which can precede selling, though custody reshuffles look the same on-chain.
- $192.9M in ETH (75,361 ETH) from Coinbase Prime 1 to an unlabeled wallet
- $192.9M in ETH (75,361 ETH) from an unlabeled wallet to Coinbase
- $150.0M in USDT (150,000,000 USDT) from Tether Treasury to Bitfinex
Live feed: whale transfers.
Network fees
Ethereum gas was 0.22 gwei (standard); Bitcoin fees for next-half-hour confirmation were 1 sat/vB at the close.
The day's top stories
- Circle and SAP-Backed Tereina Partner to Embed USDC and EURC in SAP ERP
- US President Orders Creation of Strategic Bitcoin Reserve and Digital Asset Stockpile
- Attacker Drains 200 ETH From Dormant MakerDAO Auction Keeper
- Securitize Expands in South Korea via Partnerships With KB Securities, Optimism, and LG CNS
- Tether Launches Hadron Platform to Expand Into Real-World Asset Tokenization
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. 6. 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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