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Bitcoin’s 39% price drop deepens as spot ETFs shed $643 million

The Cryptonomist·October 31, 2026·1 min read
Bitcoin’s 39% price drop deepens as spot ETFs shed $643 million

Bitcoin's price dropped 39% from its record high, trading near $77,170 on October 31, 2026, as a Binance security breach rattled markets. US spot Bitcoin ETFs shed $643 million in withdrawals. The retreat from roughly $126,000, reached in October 2025, deepened with fund redemptions and forced selling.

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