Bitcoin markets

State of the market

Updated Saturday 31 October 2026, 11:15 GMT. Written by SHATOSHI from public data.

Bitcoin is trading around $77,300 (about £57,700), down roughly 4% on the week and 8% over 30 days (CoinGecko). It is on a fourth losing week in a row and about 39% below its all time high of $126,080. October, normally a strong month, closed lower (FXStreet).

The week turned on Thursday. The US Federal Reserve held rates but two members voted for a hike, and that evening Binance was hacked. CoinDesk puts the bitcoin part of the haul at 18,270 BTC, with TRM Labs linking it to North Korea's TraderTraitor group. Binance says about $3 billion is frozen and withdrawals are paused (CoinDesk). Amounts are as reported. It is the clearest reminder in years of why we keep saying: hold your own keys.

Mood has soured. The Fear and Greed Index reads 30, Fear, down from 51 a week ago. Leverage is fairly calm: Binance BTC perpetual funding is a neutral 0.01% per eight hours (Binance), with open interest of about 97,000 BTC on Binance and 69,000 BTC on Bybit.

US spot ETFs took in money four days running, then a $643 million outflow on Friday, led by IBIT, FBTC and ARKB, left the week about $202 million net negative and October about $516 million negative. Since launch in January 2024 they are still about $57 billion net positive (Farside Investors). Bitcoin's share of the crypto market is steady at about 60% (CoinGecko).

On chain it is quiet. Hashrate is above 1,060 EH/s, up from about 930 EH/s a month ago, and fees are at the floor, 1 sat/vB, with about 55,000 transactions waiting. The next difficulty adjustment is estimated at about -3.4% in 1,775 blocks, after +5.5% last time (mempool.space). About 20,105,365 BTC have been issued, 95.7% of the cap (blockchain.com). Low fees make this a cheap time to move coins to cold storage.

Also this week: fake Foundation "Passport recall" emails are doing the rounds, some quoting real home addresses (our alert). And 31 October marks 18 years since the whitepaper.

The short version: price and sentiment are weak and the hack has shaken trust in exchanges, but the network keeps getting stronger and leverage has been washed out.

Not financial advice. This is a description of public data, not a signal to buy or sell.

BTC price chart

How to read this: each candle is one day. Green means it closed higher than it opened, red means lower. Zoom out to the weekly view to see the big trend rather than the daily noise. You can switch to a GBP pair with the symbol box. Chart by TradingView.

Crypto Fear & Greed Index

How to read this: 0 is extreme fear and 100 is extreme greed. It blends volatility, volume, social media and other signals into one number. Extreme fear often shows up near local lows and extreme greed near local highs, but it is a mood gauge, not a signal to buy or sell.

BTC liquidations, last 24h

Loading live data...

How to read this: red is traders betting on a rise who were forced out, green is traders betting on a fall. A big red number means the price fell fast and wiped out leveraged buyers. This is BTC-USDT perpetual swaps on one exchange, OKX, from its free public API, so the market wide total is several times bigger. For all exchanges use the CoinGlass links below.

Liquidation maps and totals

Market wide data and heatmaps from outside sites. CoinGlass and CoinAnk do not allow their pages to be embedded, so we link to them.

How to read this: a liquidation happens when a trader using borrowed money is forced out of a position. Big waves of long liquidations push the price down fast, and short liquidations push it up. On a heatmap, the brighter bands show prices where lots of positions would be closed, which can act like a magnet. Leverage trading is very high risk. Holding your own keys is not.

The timechain right now

Supply: ... of 21,000,000

Fees now (sat/vB)

Pounds to sats

Live data from mempool.space. The heart beats each time a new block is found. Halving date is an estimate at 10 minutes per block.