CQ/LCharlie Quant Lab
Research / Crypto Market Intelligence

Crypto Market Intelligence

This page checks whether today’s crypto move is broad, what is driving it, where trading and value are concentrated, and what could change the picture.

Market snapshot05 Sep 2026 · 12:15 UTC
Today’s market state

Uneven retreatlarge assets fell harder

The headline move is not shared evenly across major coins; stablecoin supply is growing; on-chain trading is close to last week's pace. Bitcoin has recently moved more than option prices suggest, so traders may be too relaxed about another sudden swing.

Does the headline hold?

The market fell 3.99% in 24 hours. 55% of tracked large coins fell, while the typical coin moved -0.60%. Slightly more large coins moved with the headline than against it, and the size of the move was uneven.

Seven-day money viewWeekly money check

Stablecoin supply changed +0.49% over seven days and on-chain trading changed +1.26% from the previous week. Those weekly figures do not explain or contradict a one-day price move.

Bitcoin option viewRaises break risk

Bitcoin has recently moved more than option prices suggest.

Participation23 fell, 18 rose

1 tracked coin was almost unchanged.

rosefellflat
Total market value$2.71TAll tracked crypto assets
Market move, 24h-3.99%18 of 42 large coins rising
Trading, 24h$78.95BGross trading recorded
Stablecoin supply$310.52B+0.49% this week
Bitcoin share59.0%Share of total market value
Main driverBitcoin -1.9%

About 67.8% of the gross move inside the matched basket.

Tracked basket-1.71%

19 large non-stable coins, weighted by market value.

Without the main driver-1.40%

The same basket after removing Bitcoin.

Which parts of the market are actually moving?

A sector can rise because many assets gained, or because one strange number distorted the total. This compares the move with the amount traded relative to the sector’s size.

Current readingAI tokens leads the sectors we can confirm at +4.8%. Liquid staking has the most trading for its size at 19.7%. Gaming is the weak spot at -7.3%, with trading equal to 16.2% of its sector value.
How to read itRight means a larger rise. Higher means more trading for the sector’s size. Circle size shows sector size.
See every sector figure
AI tokens+4.8%12.8%
Exchange tokens+2.0%2.6%
Physical infrastructure+1.6%7.2%
Privacy+1.0%7.4%
Layer 2+0.8%10.4%
Real-world assets-0.4%3.7%
Meme coins-1.0%10.6%
DeFi-1.3%7.0%
Liquid staking-1.4%19.7%
Prediction markets-2.7%0.4%
Gaming-7.3%16.2%

Are futures bets making the market fragile?

Futures let traders take larger rise-or-fall bets than the cash they put down. This shows where those bets cost the most to keep open and where forced closures happened.

Current readingNo sign futures bets dominated the move. High-cost contracts make up 1.81% of tracked open contract value; forced closures were 0.02% of that open value; 52% of closures hit bets on a rise. This shows where traders were hurt; it does not prove futures caused the price move.
How to read itRight means rise bets are paying. Left means fall bets are paying. Bigger circles mean more contract value remains open. The rate can change every few hours.

Are more digital dollars entering the market?

Stablecoins are the market’s main cash-like asset. A growing supply means more digital dollars exist. It does not prove they were used to buy anything.

Current readingWeekly money check: Stablecoin supply changed +0.49% over seven days and on-chain trading changed +1.26% from the previous week. Those weekly figures do not explain or contradict a one-day price move. Stablecoin supply changed +0.49% this week and +1.48% this month. On-chain trading changed +1.3% from last week. The three largest networks hold 69.4% of value kept in on-chain apps.
Digital-dollar supplyMore supply means more digital dollars exist. The vertical scale follows the recent range rather than starting at zero.
Where app value sitsThis is value held in on-chain apps, not the total value of each network.

How much Bitcoin movement are traders paying for?

Option prices imply how much movement traders expect. Comparing that with Bitcoin’s recent movement shows whether the market may be too relaxed or paying too much for protection.

Current readingRaises break risk: Bitcoin has recently moved more than option prices suggest.
Movement priced now20.4%
Movement actually seen45.5%
How to read itThe horizontal line is Bitcoin’s recent movement. Points above it price a larger future move.

What is each major coin telling us?

Price alone can mislead. This puts each coin’s move beside trading and the cost of keeping a futures position open.

4 of 19 tracked large non-stable coins rose over 24 hours.

#AssetPrice24-hour moveTrading / sizeCost if today’s rate lasted a yearCurrent reading
4BNBBNB$751.54+3.6%1.5%+0.0%Up, but trading is light
8TRONTRX$0.3332+1.1%1.0%Not availableToday reversed the week
9Figure HelocFIGR_HELOC$1.04+0.6%0.1%Not availableToday reversed the week
11ZcashZEC$1,014.22+0.6%6.4%Not availableUp, but trading is light
18LEO TokenLEO$9.26-0.4%0.0%Not availableNo strong pattern
20StellarXLM$0.1833-0.8%2.1%Not availableToday reversed the week
17WhiteBIT CoinWBT$73.16-1.2%0.9%Not availableToday reversed the week
14MoneroXMR$536.17-1.3%1.4%Not availableToday reversed the week
7SolanaSOL$102.42-1.5%4.5%-0.6%No strong pattern
12DogecoinDOGE$0.0863-1.8%5.7%+11.0%Today reversed the week
1BitcoinBTC$79,663.00-1.9%1.7%+1.8%Today reversed the week
16ChainlinkLINK$11.74-2.5%4.2%Not availableToday reversed the week
10HyperliquidHYPE$84.84-2.5%5.5%Not availableToday reversed the week
2EthereumETH$2,455.24-2.7%3.7%+3.1%Today reversed the week
24CantonCC$0.1086-2.7%0.2%Not availableNo strong pattern
13RainRAIN$0.0164-2.7%0.4%Not availableNo strong pattern
5XRPXRP$1.41-3.3%2.4%-0.0%Today reversed the week
21Bitcoin CashBCH$250.53-3.5%3.0%Not availableToday reversed the week
19CardanoADA$0.2133-3.6%5.9%-5.2%Today reversed the week
What changes this reading?

The warning strengthens if more large coins fall, the typical loss deepens, and forced closures grow together. It weakens if the typical coin turns positive and more than half of large coins rise. One signal alone should not change the view.