1Price and market
- As of 1:30 AM ET Friday, Bitcoin traded at $78,686: −2.1% on the day, −3.1% on the week and −5.9% on the month: October is closing in the red after a +6.4% September.Binance
- The 24-hour range was $76,500–81,971: the high was set before the hack, the low came at 10:07 PM ET as the market digested Binance's $6.3 billion damage estimate.Binance
- Overnight timeline: $80,327 at 4:15 PM ET, $78,763 by 5:00 PM, $77,771 by 8:00 PM, $76,418 at 10:07 PM and $78,572 by 1:39 AM ET; the drop from the afternoon level to the low was 4.9%.Cryptoticker
6 more facts
- The $76,500 low is a new low of the week and month and the lowest level since mid-September; the 90-day low remains $62,300 and the high of the month $87,220.Binance
- Binance spot volume over 24 hours was 31,132 BTC, about $2.46 billion — 2.2 times the previous day's: the market sold on the news.Binance
- Bitcoin's market cap is $1.58 trillion with 59.4% dominance (ETH at 10.3%); total crypto market cap is $2.65 trillion, −4.5% on the day — altcoins fell harder than Bitcoin.CoinGecko
- BNB took the biggest hit: −7.1% to $698.65 with a low of $692; ETH −5.2% to $2,190, XRP −7% to $1.21, SOL −6.6% to $94, AAVE −11.3%, UNI −10.4%.The Block
- The price sits 37.7% below the all-time high of $126,080 (Oct 6, 2025); year over year it is down 27.7%.CoinGecko
- The Coinbase premium was −0.25% unadjusted, or −0.03% (about −$22) adjusted for the USDT rate: US buyers did not step in to buy the overnight dip.Coinbase
2Technical analysis
- The overnight low of $76,500 stopped right at the 200-day EMA ($76,542): the 200-day exponential average held for now, and the Sep 13 golden cross is not yet undone.Binance
- From above, the price fell back below all the short-term averages: the 50-day EMA at $80,635 and the 20-day EMA at $81,172 are now resistance, with the daily high of $81,971 the next barrier.Binance
- Daily RSI(14) is 39.3 — a second day below 40 (the first such readings in October), but with room before oversold (30); intraday RSI dipped to 32 near $76,400.FXStreet
6 more facts
- MACD is −788 versus the signal line at −382, with the histogram at −405 widening again after two days of narrowing: downside momentum has resumed.Binance
- Nearest support: $76,500 (the overnight low and the 200-day EMA), $75,800 (the short-term holder cost basis as of Oct 23) and $75,782 (the 50-week moving average); below that, the 200-day SMA at $73,111.Binance
- Resistance: the round $80,000 (Polymarket gives only 22.5% for a close above it on Saturday), the 50-day EMA at $80,635 and the $81,200–82,000 zone (the 20-day EMA and Thursday's high).Polymarket
- DVOL is 38.0 (38.0 a week ago): the options market expects a daily move of about ±2%, or ±$1,570 from the price at the time of writing — the overnight 4.9% drop was already more than twice that norm.Deribit
- The Polymarket median for Saturday is $78,673 with an interquartile range of $77,128–79,879: the prediction market expects the price to settle near the current level, and our base corridor of $77,000–80,000 is slightly wider.Polymarket
- Fractals (as of Oct 29, before the hack): in the two-week window 4 of 6 similar historical stretches ended higher (median +0.5%), in the 50-day window only 2 of 6 (median −3.5%), in the six-month window 5 of 6 (median +6.9%).CoinLab
3Derivatives
- 24-hour liquidations came to $1.55 billion across 246,482 traders, $1.34 billion of them longs; the largest single order was $11.09 million in BTCUSDT on Binance.The Block
- In the single hour after the first hack headlines (5:00–6:00 PM ET), $628 million was wiped out, $607 million of it longs — a third of the day's liquidations.Cryptoticker
- About $475 million was liquidated in Bitcoin, more than in any other coin; on Binance, $165 million in longs burned over 24 hours against $29 million in shorts.CoinGlass
4 more facts
- Binance BTC futures open interest is 96,742 BTC ($7.61 billion): −2.6% on the day and −2.0% on the week — leverage is being flushed, not added.Binance
- Binance funding is 0.0020% per 8 hours against a 30-day average of 0.0041%; Bybit 0.0057%, OKX and Hyperliquid 0.01% each (about 11% annualized) — longs on the smaller venues are still paying.Bybit
- The Binance long/short ratio by accounts is 2.37 (70.3% long), with large traders at 1.92; takers are selling, with a buy/sell ratio of 0.93.Binance
- CoinLab squeeze index is −5 on a ±100 scale: after the overnight flush the imbalance has collapsed to near zero, and there is no fuel for a sharp move in either direction.CoinLab
4Options
- Today at 4:00 AM ET, 134,383 BTC in options worth $10.6 billion expire on Deribit — the monthly expiry, a third of total open interest (414,704 BTC).Deribit
- Max pain for the expiry is $78,000, right at the price at the time of writing: option sellers have an interest in holding the market there until 4:00 AM ET; on Binance and OKX the level is around $81,000.Kucoin
- Put/call on the expiring contracts is 0.52: calls are concentrated at $95,000 and $100,000 and will expire worthless, puts at $70,000.Cryptoticker
3 more facts
- Total put/call by open interest is 0.62; DVOL at 38.0 did not rise overnight, meaning no panic in options — the hedges were bought in advance.Deribit
- After today's expiry the next large one is Nov 27: 44,895 BTC with max pain at $81,000; on Nov 6, 15,755 BTC expire (max pain $81,000).Deribit
- Saturday's open interest is small — 6,056 BTC with max pain at $80,000 and put/call 0.97: short-dated hedges are being bought for the weekend after the hack.Deribit
5ETFs and institutions
- Spot BTC ETFs took in $17.07 million on Oct 29 — a fourth day of inflows, but eight times less than the day before ($137.3 million): IBIT +$12.8 million, FBTC +$10.5 million, Grayscale BTC Mini −$15.4 million.Panews
- Cumulative inflows into spot BTC ETFs since launch stand at $57.62 billion, with assets under management at $104.27 billion; over the 30 days through Oct 29 the funds lost $255 million.SoSoValue
- Flows for Oct 30 will be known in the evening after the US close: it is the first trading day after the Binance hack, and it will show whether US institutions are buying the dip through IBIT.SoSoValue
5 more facts
- Ether ETFs lost $21.4 million on Oct 28 (a third day of outflows); Oct 29 data was not available at the time of writing, and Solana ETFs gave up $24.8 million over Oct 27–28.SoSoValue
- Strategy reported Q3 net income to common shareholders of $19.12 billion ($44.75 per share) on a $20.91 billion Bitcoin revaluation gain; revenue of $125.4 million (−3% y/y) missed the forecast, and the stock fell after the close.SEC
- As of Oct 25, Strategy held 848,517 BTC at an average of $75,446 ($64.02 billion in total): at the price at the time of writing the holdings are worth $66.8 billion, a 4.3% cushion above cost; year-to-date "BTC Yield" is −3.7%.SEC
- Strategy's dollar reserve is $4.83 billion, with $5.07 billion in total dollar assets covering 3.4 years of preferred dividends; from Nov 1, STRC pays 12% annualized, accrued daily.SEC
- 181 public companies hold 1.31 million BTC ($102.9 billion, 6.25% of supply): Strategy 848,517, Metaplanet 44,000, Twenty One 43,514, Strive 43,000, MARA 35,577; the MSCI list of "non-operating companies" slated for removal comes out Nov 11.CoinGecko
6Sentiment and on-chain
- The Fear and Greed Index plunged from 51 to 30 ("fear") in a single day — a 21-point fall, the sharpest one-day drop in a year, matching Nov 4, 2025; a week ago it was 50, a month ago 71.alternative.me
- CoinLab market temperature is 31 of 100 (33 yesterday, 42 on Oct 6): in the cold zone, but far from extremes.CoinLab
- The short-term holder cost basis is $75,800 (as of Oct 23): the overnight low of $76,500 stopped $700 above it; losing that level has historically triggered speculator capitulation.Bitcoinmagazinepro
6 more facts
- Mayer Multiple is 1.076 (price 7.6% above the 200-day SMA of $73,111, the 54th percentile of history), with a 16.5% cushion to the 200-week average at $67,555; Pi Cycle is 0.49 — the top signal is far off.Binance
- Hyperliquid whales went net short Bitcoin for the first time since March — last week, before the hack; overnight they were proved right.Parameter
- On the eve of the hack two large addresses sent about $200 million in BTC to exchanges, while one whale bought 11,326 BTC for $903 million; net exchange outflow for the day was 14,942 BTC, the most in five weeks.Parameter
- Stablecoins total $301.2 billion: −1.2% on the week and −$6.8 billion (−2.2%) on the month; the freeze of $1.57 billion in USDT and $823 million in USDC on the Binance hacker's addresses took that money out of circulation on top.Defillama
- On-chain analysts at TRM Labs linked the attack "with high confidence" to North Korea's TraderTraitor group, and ZachXBT named Lazarus Group as the likely perpetrator; that means the roughly $1.5 billion in stolen BTC will be laundered through mixers over months rather than dumped on the market at once.CoinDesk
- The hacker is already using DeFi: borrowed 20,000 WETH (about $44 million) on Aave against stolen USDT as collateral and ran swaps through Uniswap; Aave froze its markets, and Coinbase is blocking transfers to the flagged addresses.CoinDesk
7Mining
- The Oct 29 difficulty adjustment came in at +5.5% to 148.36 T — the second increase in a row after +5.9% on Oct 16.mempool.space
- Hashrate is 1,049 EH/s on the 7-day average, with the network above 1 ZH/s for a second week; at $78,700 the post-adjustment hashprice is about $34 per PH/s per day.Oneminers
- The next adjustment is due around Nov 13, 1,967 blocks away; at the current block pace the estimate is −3.0%: some miners are switching off after the difficulty jump and the price drop.mempool.space
2 more facts
- Fees are 2 sat/vB for fast confirmation and 1 sat/vB within the hour: even the overnight panic produced no mempool backlog — the flight from Binance did not run over the Bitcoin network.mempool.space
- Block height 973,777; 76,223 blocks to the halving, estimated around Apr 11, 2028.mempool.space
8Macro
- The Nasdaq closed Thursday at 26,184.72 (−1.38%), the S&P 500 at 7,720.39 (−0.30%), VIX at 17.2: Alphabet collapsed 12.6% after a report with negative cash flow, even though 81% of index members rose.Yahoo Finance
- Amazon lost 6–7% after the close: revenue of $201.9 billion versus $202.2 billion expected, EPS of $1.89 versus $1.97, AWS +39%, the $220 billion 2026 capex plan kept; Intel fell 21% on weak guidance tied to the PC slump.CNBC
- Nasdaq-100 futures were −2.1% and S&P 500 futures −1.0% by the overnight read: the 9:30 AM ET open promises a second wave of selling in tech, which Bitcoin trades alongside.CNBC
9 more facts
- Asia on Friday: Kospi −4.9% (the exchange triggered its sidecar curb after futures fell 5%), Kosdaq −4.3%, Nikkei −2.5%, Shanghai −0.8%, with the Hang Seng against the trend at +1.4%.Investinglive
- The Bank of Japan held its rate at 1.25% by an 8–1 vote (Hajime Takata for 1.5%), stated for the first time that underlying inflation has reached the 2% target, raised its fiscal 2027 forecast to 2.6% and will double ETF sales to ¥860 billion a year from January; the yen strengthened to 157.1.Yahoo Finance
- Thursday's data: US Q3 GDP +3.4% versus a 3.1–3.2% forecast, September PCE 3.6% y/y and 0.5% m/m, core 3.1% y/y, jobless claims 194,000; inflation accelerating alongside strong growth is an argument for a rate hike.Bea
- FedWatch as of Oct 30 gives 79.6% for a 25 bp hike on Dec 9 (73.3% a week ago, 49.4% a month ago); Polymarket has 72.5% for a hike and 25.5% for a pause, and 70.5% for a pause in January.CME FedWatch
- The 10-year Treasury yield closed Oct 29 at 4.98% (−7 bp), the 2-year at 4.61% (−6 bp); overnight the 10-year dipped toward 4.90%, a one-month low: the tech selloff is pushing money into bonds.Treasury
- The dollar index DXY is 101.83 (−0.2% on the day, flat over five days): the dollar is not rising despite the flight from risk — the yen and bonds are absorbing the demand for safety.Yahoo Finance
- Oil: WTI $102.96 (+0.9%), Brent $114–116 — a tanker caught fire in the Strait of Hormuz off Khasab, the IRGC claimed four mine strikes in a day and CENTCOM denied it; Brent is +11% for October, and ANZ raised its year-end forecast to $105.Oilprice
- Gold at $4,009 (−0.5% on the day): it did not break below $4,000, but it did not work as a hedge against the overnight panic either.Yahoo Finance
- Calendar for the day: 8:30 AM ET Q3 Employment Cost Index (forecast 0.8% q/q after 0.9%), 9:45 AM ET Chicago PMI (58.8 prior), 12:00 PM ET a speech by Mary Daly (San Francisco Fed), 12:30 PM ET Alberto Musalem (St. Louis Fed).Trading Economics
9Regulation and events
- The Binance hack: on Oct 29 at 4:20 PM ET the "Binance 14" wallet was delegated via EIP-7702 to a third-party contract, and within 20 minutes 167,464 ETH and 63 tokens were drained, followed by another 195,460 ETH and 780 million USDC; Binance puts the damage at about $6.3 billion, Chainalysis at $5.9 billion.Cryptoticker
- What was stolen (Arkham): about $1.5 billion in BTC, $900 million in ETH, $1.5 billion in USDT and over $800 million in USDC; by chain — Ethereum $3.78 billion, Bitcoin $1.44 billion, Tron $628 million, XRP Ledger $290 million, Solana $94 million. It is the largest hack in history, four times Bybit's ($1.5 billion, February 2025).FXStreet
- Binance at 10:30 PM ET: the cause was a compromised DevOps engineer's laptop, through which the attacker reached a service container and sent unauthorized withdrawals; no private-key leak was found; about $3 billion has been frozen, and deposits and withdrawals remain halted until the review is complete.CoinDesk
5 more facts
- Binance co-CEO Yi He pledged at 8:04 PM ET to cover all losses from the SAFU fund (about $1 billion in BTC) and company funds; CZ (Changpeng Zhao) wrote that "this looks like a hack" and that as a shareholder he expects full reimbursement. The stolen amount is about 4% of the exchange's $144 billion in assets.CoinDesk
- Tether froze $1.567 billion in USDT and Circle $823 million in USDC within 40 minutes of the start of the drain; Ripple and World Liberty Financial froze their tokens, and Coinbase is blocking transfers to the hacker's addresses.The Block
- The day's second incident: Polymarket reported a breach at a third-party provider with less than $3 million in damage, temporarily restricted trading on its international platform and promised to reimburse losses; the Bitcoin markets were unaffected.FXStreet
- Regulatory backdrop: the SEC and CFTC are writing crypto rules without Congress after the CLARITY Act failed in the Senate — the CFTC is taking comments on its Crypto Asset Markets (CAM) regime, and the SEC vote on Regulation Crypto Assets has been postponed; a $6.3 billion hack will raise the bar for exchange custody security.CoinDesk
- Key dates: 4:00 AM ET the $10.6 billion Deribit expiry, 9:30 AM ET the US open, 8:00 PM ET Friday the daily and monthly candle close, 12:00 PM ET Saturday the Polymarket resolution; US clocks fall back one hour on Nov 1, midterm elections Nov 3, the MSCI list Nov 11, the Fed Dec 8–9.Deribit