--- title: "Crypto market close, Oct. 7: Bitcoin slips 2.6% to $83,286 as TON tumbles 13.2%" description: "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." url: https://basisdesk.news/news/crypto-market-close-october-7-2026 published: 2026-10-08T00:05:07.751Z modified: 2026-10-08T00:05:07.751Z section: Macro & Markets author: Basis Desk Newsroom (AI-generated, source-verified) sentiment: bearish tickers: [BTC, ETH, TON] 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. 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](/coins/the-open-network) (TON), −13.2% to $1.44. ## Majors at the close | Asset | Close | Day | 7 days | Day range | |---|---:|---:|---:|---:| | [Bitcoin](/coins/bitcoin) (BTC) | $83,286 | −2.6% | −0.6% | $82,762–$85,596 | | [Ethereum](/coins/ethereum) (ETH) | $2,574 | −4.5% | −4.5% | $2,543–$2,699 | | [Binance Coin](/coins/binancecoin) (BNB) | $772.00 | −0.8% | +0.4% | $761.28–$779.00 | | [XRP](/coins/ripple) (XRP) | $1.42 | −5.0% | −6.1% | $1.41–$1.50 | | [Solana](/coins/solana) (SOL) | $116.26 | −3.5% | −2.7% | $115.28–$120.63 | | [TRON](/coins/tron) (TRX) | $0.3353 | −0.0% | −1.5% | $0.3318–$0.3358 | | [Hyperliquid](/coins/hyperliquid) (HYPE) | $88.48 | −3.7% | +2.2% | $87.12–$92.21 | | [Zcash](/coins/zcash) (ZEC) | $1,327 | −2.6% | −6.8% | $1,293–$1,368 | | [Dogecoin](/coins/dogecoin) (DOGE) | $0.0890 | −4.9% | −7.1% | $0.0879–$0.0939 | | [Monero](/coins/monero) (XMR) | $553.70 | −0.9% | +2.2% | $545.25–$571.71 | ## Biggest movers in the top 50 **Up:** [NEAR Protocol](/coins/near) +5.3% · [Maker](/coins/maker) +1.4% · JUST +0.4% **Down:** [Shiba Inu](/coins/shiba-inu) −13.6% · [TON Coin](/coins/the-open-network) −13.2% · [Uniswap](/coins/uniswap) −7.4% · [Hedera Hashgraph](/coins/hedera-hashgraph) −7.0% · [Arbitrum](/coins/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](https://etherscan.io/tx/0x8d3965ec9f0ce7fb7d4a463d7dc07535a30a53aec03c05eb1f1ab42da1140a4f) (75,361 ETH) from Coinbase Prime 1 to an unlabeled wallet - [$192.9M in ETH](https://etherscan.io/tx/0x9187be38677c167c870c652b161ce04f34f63c8419f6faba04f2724ad7cd9aef) (75,361 ETH) from an unlabeled wallet to Coinbase - [$150.0M in USDT](https://etherscan.io/tx/0x47e3ddfa98eb41299ba736a80747972c7454ebdc8f6f378bad06eee0344793f2) (150,000,000 USDT) from Tether Treasury to Bitfinex Live feed: [whale transfers](/data/whales). ## 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](/news/circle-tereina-integrate-usdc-eurc-sap-erp) - [US President Orders Creation of Strategic Bitcoin Reserve and Digital Asset Stockpile](/news/us-establishes-strategic-bitcoin-reserve-digital-asset-stockpile) - [Attacker Drains 200 ETH From Dormant MakerDAO Auction Keeper](/news/makerdao-legacy-auction-keeper-exploited-200-eth) - [Securitize Expands in South Korea via Partnerships With KB Securities, Optimism, and LG CNS](/news/securitize-kb-securities-lg-cns-optimism-korea-tokenization) - [Tether Launches Hadron Platform to Expand Into Real-World Asset Tokenization](/news/tether-launches-hadron-asset-tokenization-platform) ## 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](/news/crypto-market-close-october-6-2026). Not financial advice. ## Sources - --- Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai