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

A 39% Bitcoin price drop from its record high left the cryptocurrency trading near $77,170 early on October 31, 2026, as a Binance security breach rattled markets and US spot Bitcoin ETFs recorded heavy withdrawals. The retreat from roughly $126,000, reached in October 2025, deepened as fund redemptions and forced selling added pressure. Key takeaways US spot Bitcoin ETFs lost $643.33 million on October 30. TRM Labs tracked approximately 18,270 BTC stolen in the Binance breach. Leveraged crypto liquidations reached $1.53 billion during the decline. Binance targets November 1 for a phased withdrawal restart, subject to security checks. Bitcoin price drop follows Binance security breach The Binance breach shook market confidence as Bitcoin struggled to recover above $77,000.

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