On October 30, 2026, Bitcoin fell nearly 5%, trading between $76,000 and $77,900, putting it about 39% below its record high of nearly $126,000, reached in October 2025. Every crypto stock in the analyzed group declined more than Bitcoin, despite revenue growth at six of the nine companies. Coinbase suffered the largest drop, falling 12.4%, followed by Circle (-8.3%), Galaxy Digital (-8.1%) and Strategy (-6%). The selloff occurred amid a broader technology market decline and more than $1.5 billion in leveraged liquidations after a reported security breach affecting approximately $6.3 billion in assets at Binance. These stocks behaved as leveraged proxies for Bitcoin sentiment, highlighting their sensitivity to macroeconomic factors and industry-specific incidents.
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