Last Updated: October 31, 2026
Bitcoin is trading near $77,257 on Saturday, October 31, stabilizing after Thursday’s record $6.3 billion Binance hack knocked it from above $80,000 to a low near $76,300, as the exchange works to reopen withdrawals and investigators point to North Korean hackers. Here is today’s BTC price, the levels that matter and what is driving the market.
Key Takeaways
BTC trades at approximately $77,257, down 1.02% over the past 24 hours and 4.25% over the past week, with a market capitalization of about $1.55 trillion, according to CoinGecko. It sits about 38.7% below the record of $126,080 set on October 6, 2025, and has traded between about $76,338 and $77,943 over the past day.
The Binance breach is still the market’s focus. Co-CEO Richard Teng said on Friday that investigators had found additional points of breach and that the attack “did not simply use one engineer’s permissions,” while the exchange has set aside more than $6.34 billion to cover losses. About $3 billion of the roughly $6.3 billion affected has been frozen, and withdrawals remain suspended. Our report on the Binance hack has the details.
Bitcoin has stabilized around $77,000 after sliding as low as about $76,300 on the hack news, its lowest since mid-September. The Crypto Fear and Greed Index reads 30, Fear, unchanged from a day earlier, and Friday’s roughly $11.1 billion options expiry has passed.
Analysts are still sizing up the fallout. TRM Labs, Chainalysis and Elliptic attribute the attack to North Korea’s TraderTraitor group, and about $2.4 billion in Bitcoin and Ether is believed to remain under the attacker’s control, beyond the reach of the roughly $2.4 billion in stablecoins frozen by Tether, Circle and others.
Metrics
| Metric | Value |
|---|---|
| Price | ~$77,257 |
| 24h Range | $76,338 to $77,943 |
| Market Cap | ~$1.55 trillion |
| All-Time High | $126,080 (October 6, 2025) |
| ATH Drop | -38.7% |
| Circulating Supply | ~20.11 million BTC |
Data: CoinGecko, October 31, 2026.
Price Analysis
Bitcoin is consolidating after the hack-driven flush. It was holding near $81,300 before Thursday’s Binance disclosure, then fell through $80,000 to a low near $76,300 on Friday before recovering to about $77,257 on Saturday. The move broke BTC out of the $79,600 to $81,700 range it had held for most of last week and left it trading about 5.7% above its 200-day moving average.
Over the past two weeks Bitcoin has ranged from a closing high of about $84,082 on October 22 to a low near $77,223, based on CoinGecko daily closes. The $76,300 to $76,400 zone is the near-term floor to watch, with $80,000 the overhead barrier BTC needs to reclaim. For the day’s full news flow, see Bitcoin news today; for market-wide data, crypto market today; and for regulatory and industry stories, crypto news today.
Support and Resistance
| Level | Price |
|---|---|
| Resistance 2 | $80,000 |
| Resistance 1 | $77,943 |
| Current Price | ~$77,257 |
| Support 1 | $76,338 |
| Support 2 | $75,000 |
What Could Happen Next
Bullish scenario: a daily close back above $77,943, the 24-hour high, would put $80,000 back in view. That would most likely need Binance to reopen withdrawals and spot buyers to step back in as the security review concludes.
Base scenario: BTC ranges between about $76,338 and $77,943 into the weekend, with thin weekend liquidity amplifying any move while traders watch for Binance’s proof-of-reserves report, due by Monday.
Bearish scenario: a daily close below $76,338 would open the mid-$75,000s toward $75,000, and analysts have warned that the roughly $2.4 billion in unfrozen BTC and ETH could yet be sold by the attackers.
For year-end and long-term targets from banks, models and prediction markets, see our Bitcoin price prediction.
Why Is Bitcoin Trending Today
The Binance hack aftermath is the driver. Teng described a “complex attack” with multiple breach points rather than a single compromised laptop, and the exchange said it set aside more than $6.34 billion to cover losses while withdrawals stay suspended. TRM Labs, Chainalysis and Elliptic all attribute the theft to North Korea’s TraderTraitor unit.
Ethereum’s EIP-7702 feature is under scrutiny in the aftermath. Attackers used a delegation to turn a Binance hot wallet into a “sweeper” with 50 pre-signed authorizations, draining about 167,000 ETH and more than $1.6 billion in USDT in minutes. Blockaid’s CEO said compromised signing systems most likely enabled the theft.
The wider picture is still cautious: the Fear and Greed Index sits at 30, Fear, Bitcoin dominance is near 59.2%, and Ether is the only major in the green today (Ethereum news today) while TRON has reversed its gains (XRP news today). For other moves, see Dogecoin’s price page, Zcash news today and HBAR news today.
What Is Bitcoin
Bitcoin is the first decentralized cryptocurrency, launched in January 2009 by the pseudonymous Satoshi Nakamoto. It runs on a peer-to-peer network secured by proof-of-work mining, with no central issuer. The supply is capped at 21 million coins, and the reward miners receive for each block halves roughly every four years; the last halving, in April 2024, cut it to 3.125 BTC, and the next is expected around April 2028.
Bitcoin is the largest cryptocurrency by market capitalization and the main asset held by spot ETFs, public companies and, through forfeited coins, the US government’s Strategic Bitcoin Reserve.
Top Factors Affecting Bitcoin’s Price
ETF flows: US spot Bitcoin ETFs hold about $104 billion in net assets, and daily flows of several hundred million dollars in either direction now move the market.
Federal Reserve policy: with inflation at 3.7% and the Fed raising rates, real yields and the dollar are working against Bitcoin; any signal of a pause would be a tailwind.
Corporate treasuries: public companies hold about 1.29 million BTC. Strategy is still buying, but it sold about 6,950 BTC this summer, and MSCI’s index decision adds pressure on the sector.
Supply and the halving cycle: about 899,000 BTC remain to be mined. The next halving, around April 2028, will cut new supply to about 225 BTC a day.
Derivatives and leverage: futures positioning drives many short-term moves, and leverage can amplify sell-offs, as Saturday’s liquidation wave showed.
Regulation: the CLARITY Act stalled in the Senate after cloture failed 49 to 50 on September 15, leaving US market structure rules unresolved until the next Congress.
Technology risk: the debate over quantum-resistant signatures has intensified after new results from Google’s Willow chip and the launch of the Quantum Alliance, although no existing quantum computer can break Bitcoin’s cryptography today.
Bitcoin vs. Other Major Cryptocurrencies
| Asset | Price | 24h | 7d |
|---|---|---|---|
| Bitcoin | $77,257 | -1.02% | -4.25% |
| Ethereum | $2,243.17 | +0.61% | -5.68% |
| XRP | $1.24 | -0.62% | -3.42% |
| BNB | $700.30 | -0.88% | -5.13% |
| Solana | $95.61 | -1.56% | -6.44% |
| TRON | $0.321 | -3.81% | -2.57% |
Bitcoin is down about 4.3% over the week, a smaller loss than Ether (-5.7%) and Solana (-6.4%) but larger than XRP (-3.4%) and TRON (-2.6%). Ether is the only major in positive territory today, while BNB remains weighed down by its tie to Binance.
Summary
| Metric | Value |
|---|---|
| Current Price | ~$77,257 |
| Key Resistance | $80,000 |
| Key Support | $76,338 |
| Market Sentiment | Fear (Fear & Greed 30) |
Compare Crypto Prices Today
| Asset | Live Price |
|---|---|
| Bitcoin | Bitcoin Price |
| Ethereum | Ethereum Price |
| XRP | XRP Price |
| Solana | Solana Price |
| BNB | BNB Price |
| TRON | Tron Price |
Where to Buy Bitcoin
BTC is available on all major exchanges, including Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX and Bybit. US investors can also hold Bitcoin through spot ETFs such as BlackRock’s IBIT and Fidelity’s FBTC. For long-term holdings, move coins to a hardware wallet you control.
This article is for informational purposes only and does not constitute financial advice.
FAQ
What is the current price of Bitcoin?
Bitcoin trades at about $77,257 on October 31, 2026, down 1.02% over 24 hours and 4.25% over the past week, according to CoinGecko. Its market capitalization is about $1.55 trillion, and the 24-hour range runs from about $76,338 to $77,943.
What is Bitcoin’s all-time high?
Bitcoin’s all-time high is $126,080, set on October 6, 2025, according to CoinGecko; CoinMarketCap lists $126,198. At about $77,257, BTC trades 38.7% below that record. The price fell to about $76,300 on the Binance hack before recovering.
Why is Bitcoin moving today?
Bitcoin is consolidating near $77,000 after the Binance hack knocked it from above $80,000 to a low near $76,300. The exchange has frozen about $3 billion of the roughly $6.3 billion affected and says it will cover losses, while analysts attribute the theft to North Korea’s TraderTraitor group. Withdrawals remain suspended as Binance works to reopen them.
What is the key resistance level for Bitcoin right now?
The first key resistance is about $77,943, the 24-hour high. Above it, $80,000 is the round number BTC lost in the hack selloff and the next hurdle, and then the October 22 swing high near $84,100.
What is the key support level for Bitcoin right now?
The first key support is about $76,338, the 24-hour low. Below it, the next support is about $75,000, a round number. A break of that would open the mid-$75,000s.
Is Bitcoin a good investment right now?
That depends on your risk tolerance and time horizon. Supporters point to a fixed supply of 21 million coins, steady spot-ETF demand and the next halving in 2028. Skeptics note that the Binance hack is a reminder of exchange-security risk, the Federal Reserve may still hike in December, and the attackers could yet sell the unfrozen coins. Only invest money you can afford to lose.
