📃 Oct 04, 2026 – EUROPE Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Trending Up

The crypto market’s key assets are mostly trending up, even as trading cools and investor sentiment dips slightly. Bitcoin climbed to $84,972.74 on 2026-10-04 07:30:00, up 0.40% for the period. This follows a 3.02% rise on 2026-10-02, showing a sustained, but slower, climb for the leading crypto. Binance Coin also climbed, hitting $788.09 on 2026-10-04 07:30:00, a 2.80% increase, which shows broader positive momentum for some major altcoins.

Market capitalization figures confirm the upward trend. Bitcoin’s capitalization grew 0.29% to $1,702,949,769,153 on 2026-10-04. Ethereum, Binance Coin, Ripple, and Tether also saw increases in their market capitalizations, with Binance Coin jumping the most at 2.50% to $104,830,897,700. This widespread growth in asset values confirms the market’s upward trend. The Fear and Greed Index, still in ‘greed’ at 65pt from Alternative.me and Milkroad.com on 2026-10-04, dipped -2pt, showing optimism has cooled a bit.

Rising valuations face a dramatic counterpoint: trading volumes plunged. Bitcoin’s volume plummeted 67.89% to $14,639,090,627 on 2026-10-04, following a substantial 37.19% increase on 2026-10-03. Similar sharp declines hit all major cryptocurrencies, with Ethereum’s volume dropping 72.88% and Ripple’s 70.74% on 2026-10-04. This trend extends to exchanges: Binance saw a 66.27% drop in volume to $58,037, and Bitfinex fell 92.78% to $795 on the same day. Low trading volume suggests reduced liquidity or a pause in aggressive activity, which could leave the market vulnerable to short-term price swings. Confidence in a continued upward trend for the next 8 hours is moderate; positive price and capitalization movements are strong, but the sharp decline in trading volumes makes sustained momentum uncertain.

What is important

The crypto market shows a split: major assets are rising in value, but trading volumes are shrinking. Bitcoin’s price, at $84,972.74 on 2026-10-04 07:30:00, and its market capitalization, up 0.29%, point to positive valuations. Other key assets like Ethereum and Binance Coin also saw capitalization grow, with BNB increasing 2.50% on 2026-10-04.

This upward price action happened as trading activity fell broadly. Bitcoin’s volume fell 67.89% on 2026-10-04, and similar drops hit all major cryptocurrencies and exchanges. This means prices are climbing, but liquidity and active participation are way down.

Investor sentiment, from the Fear and Greed Index, stays in ‘greed’ territory at 65pt on 2026-10-04, but it’s dipped slightly, suggesting market enthusiasm is cooling a bit. The market also sees mixed news, including positive developments like Cardano’s RealFi, against negative reports of exchange hacks and ETF outflows.

Top 5 – Latest Headlines & Cryptocurrency News

👎 NEAR Blocked $50 Million of Bitget´s Stolen Money, Then Lost $3.8 Million of Its Own Two Days Later. Is NEAR Still Safe to Hold After a 182% Monthly Surge?
– NEAR Protocol´s efforts to block $50 million in stolen funds from Bitget were partially successful, but the protocol subsequently lost $3.8 million of its own assets. This incident raises concerns about NEAR´s security and its safety for holders, despite a recent 18.2% monthly surge in value. The situation highlights potential vulnerabilities within the cryptocurrency ecosystem.

👍 NEAR Intents recovers entire stolen $3.8M after ultimatum to exploiter
– NEAR Protocol´s NEAR Intents successfully recovered the entire $38 million stolen in a recent exploit. The recovery was achieved after the protocol issued an ultimatum to the exploiter, who subsequently returned the funds. This incident highlights the evolving security measures within the NEAR ecosystem and the potential for swift resolution of such events.

👍 Bitcoin price eyes $86,000 reclaim as Bollinger support holds
– Bitcoin´s price is showing strength, aiming for $86,000 as key Bollinger Band support holds firm. This indicates a potential upward trend, with traders closely watching these technical indicators for further confirmation of a bullish move in the cryptocurrency market.

👎 Bitcoin, Ethereum, and Solana ETFs All Saw Outflows on the Last Day of the Quarter. What Happened?
– Bitcoin, Ethereum, and Solana ETFs experienced outflows on the final day of the quarter. This indicates a potential shift in investor sentiment or a rebalancing of portfolios, leading to a decrease in assets under management for these cryptocurrency-linked investment products.

👍 Cardano´s RealFi Pays Up to 9% on Stablecoins. Can It Do for ADA What Tokenized Treasuries Did for the XRP Ledger?
– Cardano´s RealFi initiative is offering attractive yields of up to 9% on stablecoins, drawing parallels to how tokenized treasuries boosted the XRP Ledger. This development suggests significant potential for ADA´s growth and adoption within the decentralized finance space.

Factors Driving the Growth – Market Sentiment

Keyword analysis shows a split market narrative. Positive sentiment focuses on “bitcoin,” seen 7 times, with related terms like “bitcoin miners” (3 occurrences), “revenue” (3), “bullish” (2), and specific price targets such as “$86,000” (1) also appear often. This points to a strong focus on Bitcoin’s price performance and the profitability of its mining sector. Conversely, negative keywords show broader concerns within the “cryptocurrency” (7 occurrences) ecosystem, including security incidents involving “bitget” (3) and “near” (3), as well as issues with specific projects like “blast” (2) and “cardano” (2). The term “outflows” (2) in relation to “etfs” (2) also points to investor caution regarding institutional products. The market is grappling with asset-specific optimism and systemic anxieties.

Positive Terms – Sentiment Analysis

Negative Terms – Sentiment Analysis

Crypto Investor Fear & Greed Index

The Fear and Greed Index shows ‘greed’ still dominates the crypto market, with values consistently above 50pt across multiple sources on 2026-10-04. Alternative.me hit 65pt, down 2pt from the previous day. Coinstats.app also hit 67pt, down 1pt. Milkroad.com mirrored Alternative.me at 65pt, down 2pt. While the market remains in a state of greed, the negative variations suggest sentiment is easing slightly compared to earlier in the week, when the index was as high as 72pt on 2026-10-02 from Alternative.me and BitDegree.org. Optimism is still here, but it’s less intense than a few days ago.

Bitcoin: Active Addresses

Bitcoin address indicators from bitaps.com show steady increases in the total number of addresses, hitting 1,550,273,503 by 2026-10-04 07:00:00, with no change. Addresses with zero balance also followed suit, totaling 1,493,218,112 at the same time, also with no change. Addresses holding various amounts of Bitcoin, such as those with over 0.000001 BTC (5,004,056) or over 1 BTC (821,518), generally saw minimal change, mostly 0.00%. For example, addresses with over 0.0001 BTC on 2026-10-04 07:00:00 showed 0.00% variation. This suggests a stable, growing network in terms of address creation and distribution of holdings. However, no “Bitcoin Active Addresses” data from btc.com is available for the period, limiting our ability to assess daily user engagement.

Crypto Assets Prices

Major cryptocurrencies saw mixed price movements, with Bitcoin and Binance Coin gaining while Ethereum fell. Bitcoin’s price reached $84,972.74 on 2026-10-04 07:30:00, up 0.40% with a 0.49% 24h variation. This comes after a 1.57% price drop on 2026-10-03. Binance Coin also rose sharply to $788.09 on 2026-10-04 07:30:00, with a 2.80% price variation and a 2.97% 24h variation. In contrast, Ethereum’s price was $2,680.56 on 2026-10-03 07:30:00, falling 1.74% with a 2.07% 24h variation. The 24h volatility figures also varied: Bitcoin hit 0.61% on 2026-10-04, a 3.36% decrease from the previous day, while Binance Coin’s volatility was 3.66%, up 0.49%.

Cryptocurrency Capitalization and Volume

Market capitalization for major cryptocurrencies increased on 2026-10-04, but these gains came with significant drops in trading volume. Bitcoin’s capitalization rose 0.29% to $1,702,949,769,153, while its volume plunged 67.89% to $14,639,090,627. Ethereum’s capitalization increased 0.71% to $328,125,265,498, but its volume fell 72.88% to $5,142,108,228. Binance Coin saw the largest capitalization growth, up 2.50%, reaching $104,830,897,700, but its volume fell 26.02% to $690,476,975. Ripple and Tether also saw slight capitalization increases, 0.11% and 0.02% respectively, but their volumes dropped 70.74% and 63.74%. This shows a market where asset values are rising, but with much less trading activity to support those moves.

Cryptocurrency Exchanges Volume and Variation

Cryptocurrency exchanges saw widespread, significant declines in trading volumes on 2026-10-04. Binance, the largest exchange by volume, saw activity drop 66.27% to $58,037. Other major platforms reported similar sharp drops: Coinbase’s volume fell 68.43% to $9,091, Kraken by 77.97% to $5,818, and Crypto.com by 79.33% to $2,740. Bitfinex saw the most drastic reduction, with volume plummeting 92.78% to $795. Even exchanges like KuCoin, which had a smaller preceding volume increase, still saw a substantial 49.58% decrease to $8,570. This consistent trend across all monitored exchanges points to a broad drop in market liquidity and trading engagement.

Mining – Blockchain Technology

Bitcoin mining indicators show slight easing in network difficulty and a reduction in hash rate on 2026-10-04. Mining difficulty registered at 132.72T, a minor 0.03% decrease from previous days where it held steady at 132.76T. The hash rate, representing the computational power dedicated to mining, also fell 5.00% to 885.11B GB on 2026-10-04, following a 3.76% increase on 2026-10-03. Despite these shifts, the number of mined blocks saw a slight 0.01% increase to 969.78K, and the reward per BTC block stayed stable at 3.13 with no change. This means the network’s computational effort dipped slightly, but core mining operations remain consistent in block production and rewards.

Taking stock

The crypto market sees mixed signals: asset valuations are generally rising despite a notable drop in trading volumes. Bitcoin’s price showed resilience, hitting $84,972.74 on 2026-10-04 07:30:00, and its market capitalization, along with those of other major cryptocurrencies, show positive growth. This upward movement in value strongly indicates underlying demand or investor confidence in these assets’ long-term prospects.

The dramatic decline in trading volumes across both individual cryptocurrencies and major exchanges on 2026-10-04 is a significant concern. This reduction in liquidity could increase price volatility or make it harder for large orders to execute without impacting market prices. The Fear and Greed Index, while still in ‘greed’ territory at 65pt, has shown a slight pullback, suggesting intense market enthusiasm might be moderating.

News sentiment also illustrates this complexity, with positive reports on Bitcoin’s bullish outlook and new initiatives like Cardano’s RealFi against concerns over security breaches and ETF outflows. The stability of Bitcoin’s mining difficulty and rewards, even with minor hash rate fluctuations, suggests the underlying network is robust and mature. The absence of comprehensive active address data, however, leaves a gap in understanding daily user engagement, making it hard to fully gauge network participation’s health.

So What

The significant drop in trading volumes on 2026-10-04, ranging from 26.02% for Binance Coin to 72.88% for Ethereum, suggests reduced liquidity and higher price sensitivity for new trades. This means even smaller buy or sell orders could impact prices more than usual, leaving the market more vulnerable to sudden shifts.

The ‘greed’ sentiment, while still present at 65-67pt, pulled back slightly, suggesting caution over aggressive entry. Investors should watch if this cooling trend continues, as it could lead to further price consolidation or corrections.

Bitcoin’s price holding above $84,972.74 and news suggesting targets like $86,000, supported by Bollinger bands, offers a clear technical level for upward momentum. A sustained break above this could reinforce bullish sentiment; a failure to hold could signal a temporary peak.

Ongoing news about exchange hacks and recovery efforts, such as Bitget’s $309 million protection fund after a $388 million hack, highlights persistent security risks with centralized platforms. This reinforces that users need to be diligent in choosing exchanges and consider self-custody for significant holdings.

What next?

Market participants should watch Bitcoin’s price action around the $86,000 level, as news suggests it’s a key target. A sustained break above this could reinforce bullish sentiment; a rejection could signal resistance. Bitcoin’s 24h volatility, which was 0.61% on 2026-10-04 07:30:00, will also indicate price stability.

Watch trading volumes across major exchanges like Binance and Coinbase. A rebound in volume from the significant drops on 2026-10-04 (e.g., Binance down 66.27%, Coinbase down 68.43%) could signal renewed market participation and more confidence in price movements. Conversely, continued low volumes might suggest a lack of conviction.

Watch for any further shifts in the Fear and Greed Index. A continued decline from its current 65-67pt range could indicate increasing caution among investors, potentially leading to a more conservative market outlook. Any new developments regarding the reported security incidents, such as the NEAR Protocol’s recovery of $3.8 million, could influence market confidence in specific altcoins and the broader ecosystem.

Disclaimer – Informational Content, Not Investment Advice

Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.

About the Author: CryptoTrends Team

With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.