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Bitcoinâ–Ľ Bearishâ—Ź Important

Bitcoin slips near $77,900 as Binance and ETF outflows mount

TradingGain NewsroomTradingGain Newsroom··02 Nov 2026, 11:30 UTC

Bitcoin dropped 0.4% to around $77,900 since midnight UTC. Binance customers pulled a net $3.64 billion after withdrawals reopened, and ETFs lost $643 million, which points to heavy selling pressure.

BTCAt the time of writing, Bitcoin traded at $77,847 (-0.1% in 24h).Live price →

Why it matters

  • Binance customers pulled a net $3.64 billion after withdrawals reopened, a large outflow traders will notice.
  • ETFs lost $643 million, showing that institutional demand weakened alongside exchange outflows.
  • Bitcoin's 0.4% decline since midnight UTC shows the price is reacting to these flows.

What to watch next

Watch whether Bitcoin holds near $77,900 and whether Binance and ETF outflows continue in the coming sessions.

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Bitcoin slips near $77,900 as Binance and ETF outflows mount
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.