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$BTC$81,737−2.1%$ETH$2,475−4.2%$SOL$109.16−6.5%$XRP$1.39−2.8%$TON$1.38−4.3%MCap$2.73T−3.1%BTC.D59.9%Fear&Greed59 GreedGas0.11 gwei·2.2 sat/vBNews mood10% bullish
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Macro & Markets · 3 min read

Crypto market close, Oct. 8: Bitcoin slips 1.8% to $81,678 as NEAR tumbles 16.5%

Bitcoin ended the UTC day at $81,678 after a $80,473–$83,455 range; 1 of the 50 largest crypto assets rose and 43 fell. Movers, whale flows, stablecoins and sentiment inside.

Editorial oversight: Julian Mercer, Chief Editor
Bearish
$BTC $81,737 −2.1% $ETH $2,475 −4.2% $NEAR $4.52 −15.4%

Key points

  • Bitcoin closed at $81,678 (−1.8%) after a $80,473–$83,455 range.
  • NEAR was the top-30 standout at −16.5%; 1 of the top 50 rose, 43 fell.
  • Whale tracker: 1,465 large transfers; exchange deposits $3.0B vs withdrawals $2.5B.

Bitcoin closed the UTC day on October 8, 2026 at $81,678, down 1.8% from its $83,213 open, after trading in a $80,473–$83,455 range. Ether ended at $2,472 (−3.8%). The total crypto market capitalization stood at $2.72T (−3.6% over 24 hours), with Bitcoin's share at 60.0%.

Breadth was negative: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 1 rose and 43 fell, and the median move was −4.8%. The standout among the top 30 was NEAR Protocol (NEAR), −16.5% to $4.47.

Majors at the close

Asset Close Day 7 days Day range
Bitcoin (BTC) $81,678 −1.8% −2.6% $80,473–$83,455
Ethereum (ETH) $2,472 −3.8% −8.5% $2,410–$2,584
Binance Coin (BNB) $735.59 −4.8% −4.4% $718.88–$775.46
XRP (XRP) $1.38 −2.9% −7.5% $1.32–$1.43
Solana (SOL) $109.49 −5.7% −7.0% $105.97–$116.74
TRON (TRX) $0.3325 −1.0% −0.1% $0.3325–$0.3363
Hyperliquid (HYPE) $84.14 −4.8% −6.7% $82.80–$88.82
Zcash (ZEC) $1,186 −10.6% −15.2% $1,117–$1,334
Dogecoin (DOGE) $0.0839 −5.6% −11.2% $0.0812–$0.0896
Monero (XMR) $539.40 −2.6% −0.1% $517.80–$561.82

Biggest movers in the top 50

Up: Shiba Inu +5.8%

Down: NEAR Protocol −16.5% · TON Coin −12.7% · Zcash −10.6% · Uniswap −10.3% · Internet Computer −10.2%

Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): Derive (DRV) led gains at +17.0%; ORCA (ORCA) fell the most, −17.9%.

Sentiment

The Crypto Fear & Greed Index read 59 (Greed), down from 64 a day earlier. Basis Desk's own news-flow gauge counted 8 bullish, 15 bearish and 31 neutral items among 54 published during the day.

Stablecoins

Stablecoin supply totaled $312.8B, down $966.6M over 24 hours. Largest: USDT $184.3B, USDC $73.2B, USDS $7.0B.

Whale flows

Basis Desk's on-chain scanner logged 1,260 transfers of $5 million or more on Ethereum (ETH and major tokens) and 205 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $3.0B, against $2.5B withdrawn.

  • $161.9M in USDC (161,902,534 USDC) from Kraken Hot Wallet 4 to an unlabeled wallet
  • $93.0M in USDC (93,017,104 USDC) from an unlabeled wallet to Circle
  • $90.0M in USDC (90,000,000 USDC) from Circle to an unlabeled wallet

Live feed: whale transfers.

Network fees

Ethereum gas was 0.21 gwei (standard); Bitcoin fees for next-half-hour confirmation were 2 sat/vB at the close.

The day's top stories

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. 7. Not financial advice.

Data sources

  1. [1] Coinbase Exchange market data — Coinbase
  2. [2] Kraken public market data — Kraken
  3. [3] DefiLlama prices and stablecoins — DefiLlama
  4. [4] Coinlore crypto market API — Coinlore
  5. [5] Crypto Fear & Greed Index — alternative.me
  6. [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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Not financial advice. Basis Desk publishes information, not recommendations. Crypto assets are volatile and you can lose what you invest.