Friday, 30 October 2026 covers Thursday, 29 October 2026, UTC
A 4% drop to a 30 day low as the Binance hack hits
Bitcoin fell 4.12% on 29 October to close at $77,992, a new 30 day low, on 159% of normal volume. Most of the drop came in the last four hours of the day as reports spread of multibillion-dollar outflows from Binance.
Since the close
00:00 to 05:00 UTC: $78,280, +0.37% since the close, range $76,500 to $78,473
Bitcoin kept falling after the close, to $76,500 by 02:00 UTC, then recovered to $78,280 by 05:00 UTC, 0.37% above the close. Overnight Binance confirmed the breach, estimated at $6.3 billion and traced to a compromised employee laptop, said about $3 billion has been frozen onchain, and its co-CEO Yi He pledged to cover all user losses. Tether and Circle froze stolen stablecoins, BNB fell about 7%, and reports put liquidations across crypto at about $1.5 billion over 24 hours.
- Close
- $77,992
- -4.12% on the day
- Range
- $77,910 to $81,971
- 4.99% wide
- Funding
- 0.0039%
- median, per period
- Open interest
- $29.5B
- -0.64% in 24h
- Fear and greed
- 51
- 0 to 100
Price and levels
Bitcoin spent the morning around $80,000 and rose to the day's high of $81,971 by 16:00 UTC after the US GDP and inflation data. From about $80,850 at 20:00 UTC it then fell, with the 20:00 hour trading $326M, the busiest hour of the day, and closed near the low of $77,910. That low is a new 7 and 30 day low, under the previous mark of $79,221. The close is below the weekly open of $80,154, the 50 day average of $81,937 and the monthly open of $83,624, with the 200 day average at $73,147. Bitcoin is now 29.4% under its 52 week high close and 37.5% under its all-time high.
- Previous day
- $80,397 to $81,823
- 7 day range
- $77,910 to $82,061
- 30 day range
- $77,910 to $87,220
- Weekly open
- $80,154
- Monthly open
- $83,624
- 50 day average
- $81,937
- 200 day average
- $73,147
- 52 week high close
- $110,541 (29.4% below)
Derivatives
Median funding was 0.0039% per period. Open interest dipped only 0.64% to $29.5B over the day, so most positions were still open at the close. News reports put leveraged liquidations across crypto at about $1.5 billion in the hours that followed, mostly long positions. Perpetuals traded 2.3 basis points under spot.
Market mood
Seven day realized volatility jumped to 32.9% and the 30 day figure to 29.0%. The fear and greed index still read 51 at the close, while breadth fell to 11.6% of coins above their 50 day average. Before the hack the macro news was firm: US GDP grew 3.4% against 3.2% expected, and core PCE inflation rose to 3.12% year on year from 3.01%.
Calendar
Yesterday
- 12:30 UTC US: Core PCE Price Index (YoY) (Actual 3.12%, previous 3.01%)
- 12:30 UTC US: GDP Growth Rate (QoQ, annualized) (Actual 3.4%, forecast 3.2%, previous 2.2%)
- 12:30 UTC US: Initial Jobless Claims (Actual 194K, forecast 198K, previous 194K)
- 12:30 UTC US: Core PCE Price Index (MoM) (Actual 0.3%, forecast 0.3%, previous 0.2%)
- 13:15 UTC EU: ECB Interest Rate Decision (Deposit Facility) (Previous 2.5%)
- 18:00 UTC JP: BoJ Interest Rate Decision (Previous 1.04%)
Headlines
- Bitcoin Price Briefly Slides to $76,300 as Binance Confirms Hack Estimated at $6.3 Billion Bitcoin Magazine
- Bitcoin slides below $77,000, BNB drops amid Binance hack The Block
- Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets CoinDesk
- Binance Completes Initial Investigation into $6.3B Hack, Here’s What Happened CoinGape
- Binance hacker splits $1.4 billion of bitcoin into 19 wallets that no one can freeze CoinDesk
- Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity Cointelegraph
Figures cover the UTC day, 00:00 to 24:00 UTC. This describes the market; it is not investment advice.