Top Story
The crypto market rotated into higher-beta altcoins over the last 24 hours, while Bitcoin and Ethereum posted smaller gains. The strongest moves included Zeus Network, ElizaOS, Wormhole, and Reserve Rights.
The move was broad across several narratives, including interoperability, artificial intelligence, and high-beta layer-1 projects. NEAR Protocol, Zcash, and Filecoin also recorded large gains with substantial trading volume.
Derivatives data showed a short-squeeze component. Bitcoin recorded $26.18 million in liquidations, with shorts accounting for $22.27 million, or 85.0%. Across Bitcoin and Solana, 24-hour liquidations reached approximately $35.01 million, with shorts representing about 79.4%.
Institutional flows remained a market concern. U.S. spot Ether ETFs recorded approximately $542.1 million in weekly outflows, while the outflow streak reached nine sessions. Bitcoin held above $84,000 despite those flows and weaker oil prices.
Major Price Moves
Market Overview
Bitcoin held rank one at $84,214.49, gaining 1.08% on $17.10B in 24-hour volume. Ethereum ranked second at $2,569.68, up 2.28% on $12.92B in volume.
Top 10 Gainers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| ZEUS — Zeus Network | $0.01073 | 69.47% | $25.82M | |
| ELIZAOS — ElizaOS | $0.0005948 | 65.59% | $11.60M | |
| W — Wormhole | $0.02897 | 59.49% | $534.07M | |
| RSR — Reserve Rights | $0.002418 | 54.13% | $99.34M | |
| S — Sonic | $0.06219 | 29.48% | $284.56M | |
| BTW — Bitway | $1.7182 | 24.07% | $35.59M | |
| POD — Dolphin | $0.7296 | 23.57% | $29.90M | |
| IO — io.net | $0.1913 | 22.19% | $62.48M | |
| GRASS — Grass | $0.8090 | 20.03% | $79.15M | |
| ZRO — LayerZero | $2.3542 | 17.49% | $120.91M |
Top 10 Losers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| APEPE — Ape and Pepe | $0.000001237 | -14.02% | $11.81M | |
| LGNS — Anubis Bridged LGNS (Anubis) | $0.5314 | -11.62% | $4.42M | |
| KAIA — Kaia | $0.04957 | -7.87% | $19.67M | |
| DRV — Derive | $0.4623 | -6.77% | $14.90M | |
| AKE — Akedo | $0.02490 | -6.26% | $4.17M | |
| M — MemeCore | $0.9274 | -3.73% | $1.14M | |
| PRL — Pearl | $1.3683 | -3.53% | $3.36M | |
| M-BTC — Merlin's Seal BTC | $59,174.93 | -3.43% | $581.92 | |
| RAIN — Rain | $0.01035 | -3.06% | $11.47M | |
| STX — Stacks | $0.3866 | -2.93% | $32.08M |
Top 20 by Market Cap
| Rank | Coin (symbol + name) | Price | 24h % | 24h Volume | Market Cap | |
|---|---|---|---|---|---|---|
| 1 | BTC — Bitcoin | $84,214.49 | 1.08% | $17.10B | $1.69T | |
| 2 | ETH — Ethereum | $2,569.68 | 2.28% | $12.92B | $313.83B | |
| 3 | USDT — Tether | $0.9992 | — | $38.79B | $184.10B | |
| 4 | BNB — BNB | $755.35 | 0.75% | $313.94M | $100.58B | |
| 5 | XRP — XRP | $1.4144 | 1.26% | $1.45B | $89.29B | |
| 6 | USDC — USDC | $0.9997 | — | $11.03B | $72.89B | |
| 7 | SOL — Solana | $112.63 | 2.37% | $2.66B | $66.35B | |
| 8 | TRX — TRON | $0.3317 | 0.67% | $197.96M | $31.50B | |
| 9 | STETH — Lido Staked Ether | $2,563.20 | 2.45% | $5.63M | $24.83B | |
| 10 | ZEC — Zcash | $1,329.98 | 9.07% | $2.78B | $22.59B | |
| 11 | HYPE — Hyperliquid | $87.72 | 3.24% | $510.04M | $19.51B | |
| 12 | DOGE — Dogecoin | $0.08755 | 2.57% | $620.50M | $13.68B | |
| 13 | WSTETH — Wrapped stETH | $3,194.30 | 2.39% | $2.45M | $11.80B | |
| 14 | LINK — Chainlink | $13.42 | 4.03% | $324.72M | $10.29B | |
| 15 | USDS — USDS | $1.0001 | 0.02% | $133.06M | $10.26B | |
| 16 | XMR — Monero | $536.08 | 0.95% | $70.90M | $10.09B | |
| 17 | WBT — WhiteBIT Coin | $82.94 | 1.30% | $18.87M | $9.85B | |
| 18 | WBTC — Wrapped Bitcoin | $83,873.01 | 1.09% | $84.14M | $9.74B | |
| 19 | WBETH — Wrapped Beacon ETH | $2,838.44 | 2.48% | $1.41M | $9.55B | |
| 20 | ADA — Cardano | $0.2531 | 2.75% | $452.47M | $9.51B |
Other Key Events
Wormhole’s tokenomics upgrade became the clearest project catalyst
Wormhole surged 59.49% on $534.07M in volume. Its official W Token 2.0 announcement introduced the Wormhole Reserve, a targeted 4% base yield, and bi-weekly unlocks instead of annual cliffs. Contributor and Guardian-validator lockups were extended through October 2028, but the announcement’s publication date was not confirmed.
LGNS migration created liquidity uncertainty
An October 11 DEV LGNS livestream outlined a migration from Polygon to Anubis Chain. The plan includes a 50% sell tax during the transition and conversion structures extending up to 600 days. Anubis Bridged LGNS fell 11.62%, while no dated hack or delisting was confirmed.
In Brief
- Thailand’s Bitcoin and Ether ETF framework is scheduled to take effect on 16 October 2026.
- A 127 million Starknet token unlock is scheduled for 15 October 2026.
- The IMF estimated tokenized real-world assets at approximately $65 billion as of 31 July 2026 and warned of liquidity risks in tokenized equities.
- The Sui Foundation committed $30 million to DATA Network as the artificial-intelligence data protocol migrates to the Sui ecosystem.
- XRP Ledger fixed a decade-old minting bug that could have enabled attackers to create trillions of XRP, with no exploitation reported.
What to Watch
- U.S. CPI data is scheduled for 14 October 2026, making it the next major macro volatility event.
- Thailand’s Bitcoin and Ether ETF rules take effect on 16 October 2026.
- The 127 million Starknet unlock is scheduled for 15 October 2026 and was valued at approximately $9.15 million.
- Bitcoin open interest stood at $52.58B, up 1.56% over two days, while Ethereum open interest reached $32.35B, up 2.21%.
- Wormhole has a scheduled 50.41 million token unlock on 16 October, equal to 0.50% of total supply.