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Daily Market Update Oct 31: Bitcoin Coinbase Premium Hits a 4 Year Low as Altcoins Slide After the Binance Hack
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Daily Market Update Oct 31: Bitcoin Coinbase Premium Hits a 4 Year Low as Altcoins Slide After the Binance Hack

The Bitcoin Coinbase Premium has dropped to its weakest reading in four years, a low last seen when FTX collapsed in November 2022. The gauge compares what bitcoin costs on Coinbase with its price on other exchanges, so a deep dip suggests US buyers are stepping back. The latest market data shows bitcoin at about …

Laurisa
By Laurisa

Junior Author · October 31, 2026

2 min
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Live market reaction

OWTI Crude
+3.4% ▲
★Gold
+1.8% ▲
₿Bitcoin
-1.8% ▼
$DXY
+0.6% ▲

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This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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About the author

Laurisa
Laurisa

Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.