Bitcoin at $77,356 with neutral momentum
Market signals show a neutral technical profile for Bitcoin while headlines focus on the Binance hack and stablecoin reserve disclosures.
Price action
CoinGecko shows Bitcoin at $77,356.00 as of Oct 31, 03:00 UTC; it rose 0.06% over 24 hours and has a five-session change of -3.68%. The quote appears in MarketAlleys' markets list with CoinGecko recorded as the source, reflecting the most recent update time.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $77,356.00 | -3.68% | +0.06% | Oct 31, 03:00 UTC | CoinGecko |
Trend and momentum
MarketAlleys trend data class Bitcoin's status as neutral with RSI(14) at 36.0. The reported close of 77838.81 sits below the 50-day SMA 81887.30 and above the long SMA 73106.51 as reference points.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 77,838.81 | 81,887.30 | 73,106.51 | 36.0 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 30, 22:41 UTC); it is not a recommendation.
News flow
CNBC published items on the Binance hack and noted Bitcoin traded down about 4% on Friday afternoon less than a day after the attack. CNBC also reported Binance co-founder Changpeng Zhao asked Elon Musk to stop 'trolling' after a $6.3 billion hack. Cointelegraph reported Tether’s excess reserves nearly doubled to $8B and its Bitcoin reserves were valued at $8.37 billion, and CoinDesk reported crypto liquidations jumped to $1.57 billion as the hack sent bitcoin and ether lower.
- Why bitcoin held up better after the record Binance hack — CNBC, Oct 30, 18:07 UTC
- 'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack — CNBC, Oct 30, 13:29 UTC
- Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B — Cointelegraph, Oct 30, 19:01 UTC
- Here's how big bitcoin traders responded after the Binance hack hit — CoinDesk, Oct 30, 11:51 UTC
- Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower — CoinDesk, Oct 30, 11:09 UTC
Across crypto
CoinGecko shows Bitcoin’s 24-hour rise was smaller than peers, with Ether rising 1.60% over 24 hours, Solana rising 1.46% over 24 hours and XRP rising 2.79% over 24 hours.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| Nasdaq 100 (via QQQ ETF) | $690.49 | -3.47% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Ether | $2,244.26 | +1.60% | 24h | Oct 31, 03:00 UTC | CoinGecko |
| Solana | $96.75 | +1.46% | 24h | Oct 31, 03:00 UTC | CoinGecko |
| XRP | $1.2600 | +2.79% | 24h | Oct 31, 03:00 UTC | CoinGecko |
| US Dollar Index (via UUP ETF) | $29.00 | -0.14% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
Sources and data
- CNBC (secondary source) — Why bitcoin held up better after the record Binance hack
- Cointelegraph (secondary source) — Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
- CoinDesk (secondary source) — Here's how big bitcoin traders responded after the Binance hack hit
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 31, 03:00 UTC; report generated Oct 31, 03:01 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Stablecoin
A token designed to hold a steady value, usually one US dollar.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Relative Strength Index (RSI)
A momentum oscillator, developed by J.
Moving average
The average price over a rolling window, plotted to smooth out noise.
MACD
A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.
Sources & data
- CNBC (secondary, retrieved Oct 31, 2026, 03:03 AM UTC)
- Cointelegraph (secondary, retrieved Oct 31, 2026, 03:03 AM UTC)
- CoinDesk (secondary, retrieved Oct 31, 2026, 03:03 AM UTC)
- Finnhub (market-data, retrieved Oct 31, 2026, 03:03 AM UTC)
- CoinGecko (market-data, retrieved Oct 31, 2026, 03:03 AM UTC)
Market data as of Oct 31, 2026, 03:00 AM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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