Bitcoin traded below $77,000 on October 30, 2026, as a tech-led sell-off pushed stocks and crypto lower together, according to Investopedia and other outlets. It followed weaker sessions on October 22 and 26, when BTC fell from the low-$80,000s to below $80,000. Several reports also tie the move to a reported hack at Binance, though the full picture is still unsettled.
Bitcoin came under pressure on October 22, 26, and 30, 2026, as a risk-off move hit technology stocks and crypto at the same time. On October 30, the Nasdaq fell 2.8% in a tech-fueled sell-off, according to Yahoo Finance, and Bitcoin traded below $77,000 after being near $82,000 earlier that day, per one report.
Several outlets linked the crypto decline to a major hack at Binance, the large exchange. One market report said the sell-off followed news of the hack, and another said a U.S.-based blockchain intelligence firm attributed the attack likely to a North Korean unit. Those attributions were reported by the media; the gathered material does not include an official government finding or a full statement from Binance.
The main sessions covered by the reporting were:
Market coverage on October 29 reported about $356 million in crypto futures liquidations as prices fell. Reports said forced selling of leveraged long positions accelerated the moves, though the gathered sources do not give a full breakdown of who was liquidated.
Spot Bitcoin ETFs saw notable outflows in mid-to-late October, according to one analysis. The reporting does not provide a complete total for those outflows, so the size of institutional selling is not fully clear. The reports also disagree on how much October fell: one source said BTC was set for a 7.7% monthly decline and its worst October since 2014, while CoinDesk said it was down 8.4% for the month near $76,300 and on track for a second straight monthly drop.
Crypto-related equities fell sharply on October 30. Strategy dropped nearly 8%, Coinbase fell more than 10%, and Robinhood slid 7.2%, according to Investopedia. Analysts also noted that AI and semiconductor stocks were weighed down, adding to the broader risk-off mood.
One 24/7 Wall St. analysis reported that Bitcoin's 21-day correlation with the Nasdaq-100 was 0.67. That suggests it had been trading more like a tech risk asset than a safe haven in that stretch. Analysts disagree on what comes next. Galaxy Research said in an October 26 report that Bitcoin's bear market ended in June, with the June 30 low near $76,540 marking the bottom and accumulation beginning afterward. Another analysis argued October should not be treated as a reliable bottom signal and said macro liquidity and ETF flows matter more.
This is general news context, not investment advice. Readers who follow the market may want to watch the factors the reports cited as most important: tech earnings, Federal Reserve expectations, ETF flows, and any further exchange-security news.
The gathered reporting does not settle the cause of the sell-off. Some outlets emphasize the tech and AI sell-off, while others focus on the Binance hack and broader risk-off sentiment. The size and impact of the Binance hack, including any losses or customer effects, are not detailed in the sources. It is also unclear whether Bitcoin has broken below the June low near $76,540, and whether the October 30 level was its close, since the reports give different figures. Whether this is a bottom remains a matter of debate among analysts.
Everything in this article is tracked live and free on VaultX.
Open the live viewGet alerts on TelegramGalaxy Research said the June 30 low near $76,540 marked the bottom of the bear market. On October 30, Bitcoin traded below $77,000, close to that level. The gathered reports do not confirm whether it broke below the June low.
The gathered sources describe a Binance hack as reported by the media, and they do not include a full official statement from Binance. The North Korean attribution came from a blockchain intelligence firm as reported in the media, not from an official government finding.
Not in the period studied by one analysis. It reported a 21-day correlation of 0.67 with the Nasdaq-100, which suggests Bitcoin moved more like a tech stock than a safe-haven asset during that stretch.
We message you the minute a major hack, exploit or fraud is confirmed, with the amount lost and what to do. Free, no spam, stop any time.
Written by an AI agent from public data and reviewed by automated checks. Breaking story: figures can change as it develops. Educational only, not investment advice.
VaultX