Bitcoin price traded around $77,000 at the US stock market open on October 30, 2026, down 1.1% on the day and near its lowest level since September 18. At that price, Bitcoin was on track for a 7.7% October loss, its worst October performance since 2014.

Key Takeaways

  • The Nasdaq Composite fell 2.5% to around 25,500, while gold traded as low as $3,891 per ounce.
  • Bitcoin’s potential monthly loss was not final; it depended on where the cryptocurrency ended October.

Bitcoin price faces a weak month

Bitcoin remained below $80,000 as US markets opened on Friday. The projected 7.7% monthly decline at $77,000 would be its largest October loss since 2014, based on CoinGlass monthly return data.

The final monthly result could differ from that snapshot because Bitcoin continued to trade after the observation.

Technology shares and gold also fall

The Nasdaq Composite traded around 25,500, its lowest level since early August. Gold reached $3,891 per ounce, a level last seen in October 2025.

Intel shares fell nearly 30% at Friday’s open after the chipmaker issued a fourth-quarter sales outlook below market expectations. In its third-quarter results and outlook, Intel forecast fourth-quarter revenue of $15 billion to $16 billion. The forecast is guidance, not a completed result.

The simultaneous declines do not establish how much the technology sell-off contributed to Bitcoin’s move.

Binance hack adds to crypto backdrop

Crypto markets were also dealing with the aftermath of a $6.3 billion theft of coins and tokens from Binance. The exchange said it would cover losses with its own capital, and a spokesperson said $5 billion in matching tokens was available.

The timing of the breach and the market decline does not establish how much of Bitcoin’s price movement the incident caused.

Next milestone

The next milestone is Bitcoin’s October month-end close, which will determine its final return for the month.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.