Bitcoin price holds near USD 77,400 as ETF outflows test demand
Published on 11/02/2026 at 18:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBitcoin faces a demand test
- Bitcoin traded at USD 77,414.0 on Investing.com at 18:20:36 on November 2, 2026.
- US-listed spot Bitcoin ETFs recorded USD 643.3 million in net outflows on October 30, according to CoinDesk citing SoSoValue.
- The market is weighing the aftermath of a reported USD 6.3 billion Binance security breach and nearby technical support levels.
The Bitcoin price was displayed at USD 77,414.0 on Investing.com at 18:20:36 on November 2, 2026. The page showed Bitcoin trading in real time in USD, with a 24-hour volume of USD 19.90 billion and a market capitalization of USD 1.56 trillion. Because the available quote does not provide a verified UTC day-close comparison for the publication date, no UTC daily percentage change is assigned here.
The immediate market backdrop is weaker institutional demand. CoinDesk, citing SoSoValue, reported that US-listed spot Bitcoin ETFs recorded USD 643.3 million in net outflows on October 30. BlackRock's IBIT accounted for USD 233.70 million of the withdrawals and Fidelity's FBTC for USD 201.4 million. CoinDesk described the flow as the largest single-day outflow since June 25 and said it reduced most of the funds' year-to-date inflow.
Security shock meets technical pressure
Market attention has also focused on the reported Binance security breach. An analysis published by investingLive said the incident involved approximately USD 6.3 billion in stolen digital assets. The same report said Bitcoin fell toward USD 76,300 on October 30 before moving back above USD 77,000. Binance said in an October 30 update, as reported by investingLive, that it had set aside more than USD 6.34 billion in company funds and that approximately USD 3 billion in affected assets had been frozen.
The technical picture remains mixed. investingLive identified USD 77,000 to USD 77,150 as immediate support and USD 76,300 as a key downside test in its October 31 analysis. On the upside, the report highlighted USD 78,507 to USD 78,643 as former support that could now act as resistance, with USD 79,000 to USD 79,050 described as a more important recovery area. These levels are analytical reference points from that dated report, not live exchange-wide prices.
What investors should watch
ETF flows offer a direct gauge of demand through listed vehicles, but they do not alone determine the next Bitcoin move. A sustained recovery above the cited resistance zone would improve the short-term technical picture, while a failure to hold the USD 77,000 area would leave the October decline unresolved. CoinDesk also pointed to the November 3 US midterm elections, the November 6 employment report and possible MSCI treatment of major corporate Bitcoin holders as near-term market factors.
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