Crypto is down today. Total market value fell 1.5% in 24 hours to $2.87 trillion as of 13:00 UTC on Monday, September 28, 2026. Bitcoin traded at $83,586 (-1.5%) and Ether at $2,690 (-0.7%). 10 of the 50 largest coins were higher, and the median move was -2.6%.
Why is crypto down today? What the numbers show
- Breadth. The move was broad: 40 of 50 large coins fell, so selling was market-wide rather than limited to one coin.
- Bitcoin versus altcoins. 18 of the other 49 large coins beat Bitcoin, so leadership was split. Bitcoin dominance stands at 58.5%, and Ether outperformed Bitcoin by 0.8 percentage points.
- Trading activity. 24-hour volume across the market was $92.9 billion, up 61.8% on the previous day. A price move on sharply higher volume carries more weight than one on thin trading.
- Bitcoin’s 24-hour range. From $82,603 (09:40 UTC) to $85,017 (14:10 UTC, Sep 27), a 2.9% swing. The low came after the high.
Stocks, the dollar and gold
Crypto often trades alongside other risk assets. Latest session for each (the date is the market’s last close or update):
Also read: Crypto Market Today: Bitcoin Steady Near $84.0K as Ethena Jumps 15%
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 | 7,743.41 | +0.5% | Sep 25 |
| Nasdaq Composite | 27,068.72 | +0.5% | Sep 25 |
| US dollar index | 101.17 | +0.2% | Sep 28 |
| Gold | 4,179.90 | -3.3% | Sep 28 |
| US 10-year Treasury yield | 5.213% | +3.2 bp | Sep 28 |
The Nasdaq rose 0.5% in its latest session, so crypto moved against tech stocks. That points to a crypto-specific driver rather than a broad shift in risk appetite; see the stories below.
Biggest movers in the top 50
Gainers
| Coin | Price | 24 hours | 7 days |
|---|---|---|---|
| Quant (QNT) | $235.81 | +47.4% | +248.0% |
| Hedera (HBAR) | $0.1204 | +26.8% | +31.3% |
| Pump.fun (PUMP) | $0.005302 | +17.1% | +21.1% |
| Stellar (XLM) | $0.2277 | +4.7% | +8.7% |
| Sky (SKY) | $0.08017 | +4.3% | +10.1% |
Losers
| Coin | Price | 24 hours | 7 days |
|---|---|---|---|
| Worldcoin (WLD) | $0.5175 | -10.8% | +14.5% |
| Uniswap (UNI) | $9.05 | -8.0% | +0.8% |
| Bittensor (TAO) | $307.80 | -7.6% | +7.1% |
| Bitcoin Cash (BCH) | $314.50 | -7.0% | +16.5% |
| Venice Token (VVV) | $28.52 | -6.5% | -12.1% |
The stories behind today’s moves
What CoinPulseHQ reported in the past 24 hours:
Also read: Bitcoin Jumps 5.5% in a Week to $84.9K: 45 of Top 50 Coins Rise
- Sequans Sells Final 314 BTC, Exits Bitcoin Treasury — Sequans Communications sold its remaining 314 BTC, fully exiting its Bitcoin treasury and clearing corporate debt to focus on 5G IoT chips.
- Grayscale Files ZCSH High-Income ETF Targeting Biweekly Payouts — Grayscale filed the ZCSH High-Income ETF on Sept. 25, 2026, an options-based fund targeting biweekly payouts that would not hold Zcash directly.
- Block Adds Bitcoin Lightning Support to x402 Payments Standard — Block integrated Bitcoin Lightning into the x402 payment standard for AI agents, joining the Linux Foundation group as USDC's 99.3% share faces a challenger.
- Researchers Publish Shielded Bitcoin Plan for Zcash-Style Privacy — Researchers at [alloc] init published a 56-page Shielded Bitcoin paper on Sept 24, copying Zcash encryption for private BTC transfers without consensus changes.
- Saylor Proposes Digital Asset Rights, Targets $100T Industry — Michael Saylor's essay proposes five rights for digital assets and a $100T industry target, as Strategy's Bitcoin holdings reach 846,000 BTC.
Live prices for the top 50 coins are on our Markets page. Every daily report is collected on Crypto Market Today, and the previous one is Crypto Market Today: Bitcoin Steady Near $84.0K as Ethena Jumps 15%. For the bigger picture, read our weekly market wraps.
How this report is made
CoinPulseHQ calculates every figure in this report from CoinMarketCap and CoinGecko market data recorded at 13:00 UTC on Monday, September 28, 2026, and stock, dollar, gold and bond levels from CNBC quotes. Stablecoins and wrapped or staked versions of other coins are left out of the rankings. Changes are over the previous 24 hours. The report describes what prices did and which measurable factors moved with them; it does not claim a single cause and does not predict prices. It is not financial advice.
