Crypto is down today. Total market value fell 1.4% in 24 hours to $2.87 trillion as of 13:00 UTC on Thursday, October 1, 2026. Bitcoin traded at $83,702 (-1.9%) and Ether at $2,692 (-1.6%). 2 of the 50 largest coins were higher, and the median move was -2.8%.
Why is crypto down today? What the numbers show
- Breadth. The move was broad: 48 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 58.7%, and Ether outperformed Bitcoin by 0.3 percentage points.
- Trading activity. 24-hour volume across the market was $99.5 billion, up 13.3% on the previous day. Volume did not change sharply, so the move was not driven by a surge of trading.
- Bitcoin’s 24-hour range. From $83,207 (08:35 UTC) to $85,474 (13:10 UTC, Sep 30), a 2.7% 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 | 7,651.54 | -0.3% | Sep 30 |
| Nasdaq Composite | 26,861.06 | +0.2% | Sep 30 |
| US dollar index | 101.80 | +0.3% | Oct 1 |
| Gold | 4,214.80 | +0.7% | Oct 1 |
| US 10-year Treasury yield | 5.302% | +0.9 bp | Oct 1 |
The Nasdaq rose 0.2% 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 |
|---|---|---|---|
| Hyperliquid (HYPE) | $89.20 | +2.1% | -2.7% |
| GateToken (GT) | $11.16 | +1.9% | +6.4% |
| Cronos (CRO) | $0.06855 | -0.3% | +12.9% |
| Ethena (ENA) | $0.2618 | -0.4% | +25.2% |
| PAX Gold (PAXG) | $4,186 | -0.7% | -2.1% |
Losers
| Coin | Price | 24 hours | 7 days |
|---|---|---|---|
| Quant (QNT) | $278.23 | -10.7% | +271.6% |
| Internet Computer (ICP) | $3.29 | -6.5% | +9.6% |
| Morpho (MORPHO) | $2.47 | -5.8% | -8.7% |
| Canton (CC) | $0.1215 | -5.4% | +13.0% |
| Worldcoin (WLD) | $0.5183 | -4.8% | +26.0% |
The stories behind today’s moves
What CoinPulseHQ reported in the past 24 hours:
Also read: Why Is Crypto Down Today? Bitcoin Falls 1.5% to $83.6K
- Bitcoin Holds Near $84K as ETF Inflows Hit Eight Sessions — Bitcoin held near $84,000 as 10-year Treasury yields hit a 2007 high, spot ETFs logged eight straight inflow sessions, and Aave jumped 17%.
- Bitget Raises Hack Estimate to $387.5M as Withdrawals Return — Bitget raised its Sept. 24 hack estimate to $387.5M in affected assets as BTC, ETH and USDT withdrawals returned and the rest are set for Oct. 2.
- Kakaopay Securities Taps Dinari and Ondo to Tokenize Korean Stocks — Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Korean-listed stocks for international distribution.
- Bitcoin Holds $82,500 Support as 30-Year Treasury Yield Hits 5.58% — Bitcoin held above $82,500 and rebounded near $84,000 as the US 30-year Treasury yield hit 5.58%, its highest since June 2002, per Cointelegraph and CNBC.
- Altcoin exchange deposits hit 78,000 weekly, up 160% in 14 days — CryptoQuant says altcoin exchange deposits hit a seven-day total of 78,000 on Sept. 28, up 160% in two weeks, a possible signal of selling pressure.
Live prices for the top 50 coins are on our Markets page, and today’s biggest movers are on top crypto gainers and losers. Every daily report is collected on Crypto Market Today, and the previous one is Crypto Market Today: Bitcoin Steady Near $83.8K as Quant Jumps 25%. For the bigger picture, read our weekly market wraps, and if you are wondering about trading hours, see is the crypto market open on weekends.
How this report is made
CoinPulseHQ calculates every figure in this report from CoinMarketCap and CoinGecko market data recorded at 13:00 UTC on Thursday, October 1, 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.
