Bitcoin’s October Close: Near $77,000 Into the Final…
By Abdelaziz Fathi
AI summary of the source article
Bitcoin traded near $77,400 heading into the close of October, down roughly 7.4% for the month. The drop followed an estimated $6.3 billion Binance security breach, extensive liquidations, and over $515 million in net monthly U.S. spot ETF outflows.
Why it matters
published estimates for the month have differed depending on price source, timestamp and currency pair
Key facts
- Bitcoin fell about 7.4% in October, dropping from roughly $83,555 on October 1 to near $77,414 on October 31.
- A Binance security breach with an estimated $6.3 billion impact led to about $1.53 billion in leveraged crypto liquidations over 24 hours.
- U.S. spot Bitcoin ETFs recorded approximately $515.9 million in net outflows for October through October 30.
Source excerpt · FinanceFeeds
Bitcoin is heading into the final hours of October near $77,400, leaving the monthly candle roughly 7.4% below where the month began and less than 2% above the $76,443 level printed during Thursday night's post-Binance selloff. A Coinbase spot feed showed BTC at approximately $77,414 at 12:53 UTC on October 31. Using the roughly $83,555 price around 00:00 UTC on October 1 as the starting point, th…