--- title: "Crypto market close, Oct. 8: Bitcoin slips 1.8% to $81,678 as NEAR tumbles 16.5%" description: "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." url: https://basisdesk.news/news/crypto-market-close-october-8-2026 published: 2026-10-09T00:05:07.658Z modified: 2026-10-09T00:05:07.658Z section: Macro & Markets author: Basis Desk Newsroom (AI-generated, source-verified) sentiment: bearish tickers: [BTC, ETH, NEAR] 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. 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. ## 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](/coins/near) (NEAR), −16.5% to $4.47. ## Majors at the close | Asset | Close | Day | 7 days | Day range | |---|---:|---:|---:|---:| | [Bitcoin](/coins/bitcoin) (BTC) | $81,678 | −1.8% | −2.6% | $80,473–$83,455 | | [Ethereum](/coins/ethereum) (ETH) | $2,472 | −3.8% | −8.5% | $2,410–$2,584 | | [Binance Coin](/coins/binancecoin) (BNB) | $735.59 | −4.8% | −4.4% | $718.88–$775.46 | | [XRP](/coins/ripple) (XRP) | $1.38 | −2.9% | −7.5% | $1.32–$1.43 | | [Solana](/coins/solana) (SOL) | $109.49 | −5.7% | −7.0% | $105.97–$116.74 | | [TRON](/coins/tron) (TRX) | $0.3325 | −1.0% | −0.1% | $0.3325–$0.3363 | | [Hyperliquid](/coins/hyperliquid) (HYPE) | $84.14 | −4.8% | −6.7% | $82.80–$88.82 | | [Zcash](/coins/zcash) (ZEC) | $1,186 | −10.6% | −15.2% | $1,117–$1,334 | | [Dogecoin](/coins/dogecoin) (DOGE) | $0.0839 | −5.6% | −11.2% | $0.0812–$0.0896 | | [Monero](/coins/monero) (XMR) | $539.40 | −2.6% | −0.1% | $517.80–$561.82 | ## Biggest movers in the top 50 **Up:** [Shiba Inu](/coins/shiba-inu) +5.8% **Down:** [NEAR Protocol](/coins/near) −16.5% · [TON Coin](/coins/the-open-network) −12.7% · [Zcash](/coins/zcash) −10.6% · [Uniswap](/coins/uniswap) −10.3% · [Internet Computer](/coins/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](https://etherscan.io/tx/0x976c2aa99c3683d7b832aa6e551724dc03e85c68b3e9373cede25704864b7337) (161,902,534 USDC) from Kraken Hot Wallet 4 to an unlabeled wallet - [$93.0M in USDC](https://etherscan.io/tx/0x7b52fd520a266e543bcf0e63c04a1789678a81ef57a1d29519726e6f1995489f) (93,017,104 USDC) from an unlabeled wallet to Circle - [$90.0M in USDC](https://etherscan.io/tx/0x495fbde810480b7e3a97fbae29250bab48aec0415286106e627b34cb735f3998) (90,000,000 USDC) from Circle to an unlabeled wallet Live feed: [whale transfers](/data/whales). ## 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 - [South Korea Crypto Exchange Profits Plunge 78% in First Half of 2026](/news/south-korea-crypto-exchange-profits-drop-fsc-survey) - [Ethereum Foundation Details L1 Cost Reductions and Roadmap Through Glamsterdam](/news/ethereum-foundation-l1-gas-costs-roadmap-glamsterdam) - [Crypto Lending Contracts 16.8% in Q2 2026 as Deleveraging Continues](/analysis/crypto-lending-contraction-q2-2026-galaxy-research) - [UK and EU Regulators Solidify Crypto Oversight and Tax Reporting Frameworks](/analysis/uk-eu-advance-crypto-oversight-dac8-tax-reporting) - [Crypto VC Funding Rebounded to $5.6B in Q2 2026 Led by Later-Stage Deals](/news/crypto-vc-funding-rebounds-q2-2026-galaxy) ## 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](/news/crypto-market-close-october-7-2026). Not financial advice. ## Sources - --- Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai