The latest crypto market news for October 4, 2026 centers on Blast’s shutdown, a $387.5 million Bitget security breach, and sharp rotation into smaller tokens while Bitcoin and Ethereum remained steady.
Top Story
Blast announced on 2 October that it would shut down its Ethereum layer-2 network because operating and maintenance costs exceeded revenue. Users can withdraw through Blast’s standard interface until 26 October 2026.
Blast will first unwind its Lido-related assets. That process is expected to pause withdrawals for about one week, after which withdrawals should resume with a 24-hour delay.
The shutdown followed a steep decline in activity and assets. Blast previously held more than $2 billion in crypto assets, while later coverage placed assets secured on the chain near $90 million. The BLAST token also fell sharply after the announcement.
The security backdrop remained negative. Bitget said attackers stole approximately $387.5 million from parts of its hot- and warm-wallet infrastructure. The exchange said about $1.1 million had been frozen by 2 October and that its protection fund would cover the platform’s financial impact.
Major Price Moves
Market Overview
Bitcoin ranked first at $85,030.96, up 0.58% in 24 hours, with $9.34 billion in volume. Ethereum ranked second at $2,695.57, up 0.63%, with $4.96 billion in volume.
Top 10 Gainers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| MISTAKE — Make No Mistakes | $0.02375582501 | 346.09% | $7,759,983 | |
| STOCKER — Stockereum.fun | $0.0072004185354462855 | 155.72% | $6,806,699 | |
| ZC — Zip coin | $0.033498663484603265 | 138.52% | $13,914,277 | |
| AIN — Infinity Ground | $0.053038046881454866 | 125.04% | $25,992,715 | |
| ORBIO — Orbio.so | $0.11808721844586854 | 48.44% | $13,580,964 | |
| GLMR — Moonbeam | $0.012954011646335008 | 46.57% | $50,850,546 | |
| COLLECT — Collect on Fanable | $0.023934153233142602 | 33.26% | $11,260,177 | |
| EDGE — Definitive | $0.13300189280049213 | 30.20% | $20,662,885 | |
| RAIN — Rain | $0.013155693250764685 | 29.78% | $14,936,040 | |
| STRK — Starknet | $0.05341197422972671 | 23.55% | $289,799,044.85402715 |
The largest gains had no single confirmed explanation. Searches found no dated catalyst for MISTAKE or STOCKER. ZC had two reported developments: a private AI chat launch on 2 October and a reported launch through Stockereum. CoinGecko described the move as having no clear narrative.
Top 10 Losers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| BTW — Bitway | $0.922658866629143 | -36.00% | $29,438,796 | |
| CARDS — Collector Crypt | $0.2533666578778927 | -11.24% | $8,134,534 | |
| PRL — Pearl | $1.0407699631453056 | -4.10% | $1,711,651 | |
| M-BTC — Merlin's Seal BTC | $69,074.57948476989 | -4.50% | $87 | |
| XDC — XDC Network | $0.03249818445127174 | -5.51% | $10,617,645 | |
| AKE — Akedo | $0.03420006247201894 | -5.44% | $11,804,491 | |
| NIGHT — Midnight | $0.049404959899602946 | -3.28% | $48,704,556 | |
| MHA — Magic Hash | $0.007504190228998129 | -2.99% | $2,092,176 | |
| MANA — Decentraland | $0.10822687295051296 | -2.44% | $122,911,120.08742294 | |
| SAND — The Sandbox | $0.07696689357412036 | -2.11% | $245,731,640 |
Bitway had the clearest supply-related explanation. A reported release of 101.62 million BTW, valued at approximately $137.7 million, occurred on 2 October. The release represented about 1.02% of total supply and followed the end of Binance Wallet’s Bitway Booster Season 5 campaign.
No confirmed 3–4 October catalyst was found for Collector Crypt or XDC Network. Collector Crypt’s documentation lists monthly vesting through 29 July 2027, but no specific release on 3 or 4 October. XDC coverage attributed the decline to normal volatility and profit-taking.
Top 20 by Market Cap
| Rank | Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|---|
| 1 | BTC — Bitcoin | $85,030.9573850191 | 0.58% | $9,335,511,352.427193 | |
| 2 | ETH — Ethereum | $2,695.565378942404 | 0.63% | $4,957,901,514.419106 | |
| 3 | USDT — Tether | $0.999925467394973 | — | $28,710,834,040 | |
| 4 | BNB — BNB | $788.3281982485807 | 2.48% | $508,545,483.88858527 | |
| 5 | XRP — XRP | $1.4970465752695334 | 0.42% | $1,214,755,414.9109032 | |
| 6 | USDC — USDC | $1.0000159750414424 | — | $6,391,668,335 | |
| 7 | SOL — Solana | $120.93626220816368 | 1.33% | $1,619,541,967.3998363 | |
| 8 | TRX — TRON | $0.3346536461605613 | 0.22% | $174,080,060.60441843 | |
| 9 | STETH — Lido Staked Ether | $2,693.0158076464363 | 0.64% | $3,128,296 | |
| 10 | ZEC — Zcash | $1,330.4074770273958 | 0.74% | $2,039,595,926.6750739 | |
| 11 | HYPE — Hyperliquid | $89.92369863660139 | 1.94% | $468,797,555 | |
| 12 | DOGE — Dogecoin | $0.09294636898248615 | -0.25% | $510,205,724.28149 | |
| 13 | WSTETH — Wrapped stETH | $3,355.6447135528038 | 0.62% | $4,828,739 | |
| 14 | LINK — Chainlink | $14.018239031096432 | 0.07% | $319,587,654.72148246 | |
| 15 | XMR — Monero | $549.1651708436632 | 1.07% | $69,217,647.25885859 | |
| 16 | WBT — WhiteBIT Coin | $84.62769684668599 | 0.39% | $9,309,252.72948618 | |
| 17 | WBETH — Wrapped Beacon ETH | $2,977.8376826675285 | 0.47% | $4,483,799 | |
| 18 | USDS — USDS | $0.9998813446381657 | -0.01% | $44,134,133 | |
| 19 | WBTC — Wrapped Bitcoin | $84,973.30103984986 | 0.54% | $57,571,854 | |
| 20 | RAIN — Rain | $0.013155693250764685 | 29.78% | $14,936,040 |
Other Key Events
SEC expands leveraged crypto ETP access
The SEC approved listing rule changes for 3x leveraged Bitcoin and Ether exchange-traded products. The decision also covered leveraged products tied to gold, silver, crude oil, and natural gas. Bitcoin’s immediate reaction was muted near $84,617.
Bitcoin ETF flows stayed positive
U.S. spot Bitcoin ETFs recorded approximately $32.12 million in net inflows on 2 October, according to CoinStats’ tracker. Fidelity’s FBTC accounted for $29.3 million of reported inflows. September recorded approximately $2.7 billion in spot Bitcoin ETF inflows, according to The Block.
In Brief
- NEAR Intents reported that the full $3.8 million stolen in an exploit had been returned, including 34.59 BTC and approximately $850,000 through another route.
- The SEC’s proposed custody framework would give advisers and regulated funds a path to hold crypto assets through certain custodians. The proposal remains open for public comment.
- The ECB outlined three models for placing central-bank money onchain.
- Drift opened recovery claims after its exploit. Initial payouts were reported at slightly more than 1% of user losses.
- Ethereum layer-2 activity faced additional scrutiny after Blast announced its shutdown and 26 October withdrawal deadline.
What to Watch
- Ethena investor tokens are scheduled to unlock on 5 October 2026. Estimates place the release near 1.41 billion ENA, or about 14% of circulating supply.
- Blast users should complete normal-interface withdrawals by 26 October 2026. Later withdrawals will require direct interaction with Ethereum mainnet bridge contracts.
- The reported 101.62 million BTW release and Bitway’s 36% decline remain the key second-day supply event.
- STRK’s 23.55% rise came with $289.80 million in volume. Continued turnover will show whether the move extends beyond the initial session.
- BTC remained near $85,000, while ETH traded near $2,700. A move below $85,000 would place the $84,000 area in focus.