Last Updated: November 3, 2026
Bitcoin is trading near $76,678 on Tuesday, November 3, down about 1.8% and back at the six-week low it set in the Binance-hack selloff, as record spot-ETF outflows and a surge in CME short positioning keep pressure on the market on US midterm election day. Here is today’s BTC price, the levels that matter and what is driving the market.
Key Takeaways
BTC trades at approximately $76,678, down 1.82% over the past 24 hours and 3.55% over the past week, with a market capitalization of about $1.54 trillion, according to CoinGecko. It sits about 39.2% below the record of $126,080 set on October 6, 2025, and has traded between about $76,303 and $78,254 over the past day.
US spot Bitcoin ETFs opened November with heavy outflows. BlackRock’s IBIT shed $405.3 million on Monday, driving roughly $398.6 million of net outflows from the funds, while Friday’s session saw about $643.2 million of outflows — the biggest single-day figure since the hack — according to Farside Investors and SoSoValue data.
Bitcoin is back near its six-week low of about $76,326 after Friday’s slide, and the Crypto Fear and Greed Index has dropped to 26, Fear, from 37 a day ago. The Crypto Cycle Index reads 30, still in the Accumulation phase it has held since mid-October.
Short positioning is building: CME short positions reached about 29,220 BTC, worth roughly $2.2 billion, over the past day, according to Hyperion Decimus founder Chris Sullivan, who notes the crowding could set up a short squeeze. Traders are also watching today’s US midterm elections and Friday’s October jobs report.
Metrics
| Metric | Value | Price | ~$76,678 | 24h Range | $76,303 to $78,254 | Market Cap | ~$1.54 trillion | All-Time High | $126,080 (October 6, 2025) | ATH Drop | -39.2% | Circulating Supply | ~20.11 million BTC |
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Data: CoinGecko, November 3, 2026.
Price Analysis
Bitcoin is back at its six-week low. It held above $80,000 before the Binance disclosure on October 29, fell to about $76,326 on Friday, recovered toward $78,000 over the weekend, and has now slipped back to about $76,678 on Tuesday as record ETF outflows and a buildup in CME shorts weigh on sentiment. The move leaves BTC right at the floor it found after the hack, with the $76,300 area the level to hold.
Over the past two weeks Bitcoin has ranged from a closing high of about $84,082 on October 22 to a closing low near $77,275 on October 31, based on CoinGecko daily closes, with Friday’s intraday low of $76,326 now being re-tested. The $76,300 to $76,700 zone is the near-term floor, 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 | $78,254 | Current Price | ~$76,678 | Support 1 | $76,303 | Support 2 | $75,000 |
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What Could Happen Next
Bullish scenario: a daily close back above $78,254, the 24-hour high, would put $80,000 back in view. That would most likely need a turn in ETF flows and a relief bounce once election uncertainty clears.
Base scenario: BTC holds between about $76,303 and $78,254 through election day, with $76,300 acting as the floor while traders wait for the midterm outcome and Friday’s jobs report.
Bearish scenario: a daily close below $76,303, the 24-hour low, would open $75,000 and then the mid-$74,000s, and analysts warn that the roughly $3.3 billion of assets still held by the Binance attackers could yet be sold.
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 remains the driver. The exchange completed its latest zero-knowledge proof-of-reserves snapshot, letting users verify 1:1 backing for ten tokens, and says it has replenished about 95% of the stolen assets. Net outflows have eased to about $3.29 billion from a peak near $7 billion, according to DeFiLlama.
ETF flows are the fresh pressure. BlackRock’s IBIT posted a $405.3 million outflow on Monday, and US spot funds opened November with about $398.6 million of net outflows. The selling follows Friday’s $643.2 million exodus, the biggest single-day outflow since the hack.
Short sellers are circling. CME short positions hit about 29,220 BTC, roughly $2.2 billion, over the past 24 hours, and analysts note the crowded positioning raises the risk of a short squeeze. Bitcoin dominance is near 59.3%, and the Fear and Greed Index has slipped to 26, Fear. Ether and BNB are also lower (Ethereum news today), while TRON is the day’s best performer (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 | $76,678 | -1.82% | -3.55% | Ethereum | $2,255.24 | -1.42% | -2.02% | XRP | $1.25 | +0.13% | -3.32% | BNB | $692.41 | -2.23% | -5.46% | Solana | $91.90 | -2.49% | -7.50% | TRON | $0.3209 | +1.80% | -2.11% |
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Bitcoin is down about 1.8% today and 3.5% over the week. TRON leads the day at +1.8% and XRP is flat, while Solana is the day’s laggard at -2.5%. On the week, TRON (-2.1%) has held up best and Solana (-7.5%) is the weakest of the six.
Summary
| Metric | Value | Current Price | ~$76,678 | Key Resistance | $80,000 | Key Support | $76,303 | Market Sentiment | Fear (Fear & Greed 26) |
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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 $76,678 on November 3, 2026, down 1.82% over 24 hours and 3.55% over the past week, according to CoinGecko. Its market capitalization is about $1.54 trillion, and the 24-hour range runs from about $76,303 to $78,254. BTC is back at the six-week low it set after the Binance hack.
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 $76,678, BTC trades 39.2% below that record. The price fell to about $76,326 on Friday and has re-tested that low today.
Why is Bitcoin moving today?
Bitcoin is back at its six-week low as record spot-ETF outflows and a buildup in CME short positions weigh on sentiment on US midterm election day. BlackRock’s IBIT shed $405.3 million on Monday, and the Fear and Greed Index has dropped to 26, Fear.
What is the key resistance level for Bitcoin right now?
The first key resistance is about $78,254, 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 $76,303, the 24-hour low. Below it, the next support is about $75,000, a round level. A break of that would open the mid-$74,000s.
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.
