Bitcoin Daily Wrap, 28 Oct 2026

Bitcoin traded at $80,819 on our figures for 28 October, up 0.28% over 24 hours but down 2.45% across the week and 4.65% over thirty days. It remains 36.18% below its all-time high of $126,080, and is down 29.97% over the year. Bitcoin's dominance across the market stood at 59.61%. The Fear and Greed Index read 48, which is neutral, against 55 a week earlier, so sentiment has cooled slightly while the price has held steady.

US spot ETF flows were positive on the latest trading day, 26 October, with net inflows of $111.7 million. That single day sits against a five-day net outflow of $28.7 million, so the bulk of the week's selling was offset by that one session. Spot ETFs now hold around 1,485,289 BTC, which we track as the largest pool of bitcoin in the funds category, led by the iShares Bitcoin Trust with about 811,161 BTC. Public companies hold roughly 1,228,389 BTC between them, with Strategy (MicroStrategy) the largest at 848,517 BTC, while miners hold about 99,172 BTC and governments roughly 518,526 BTC.

On the network side, the chain reached block 973,470, leaving 76,530 blocks until the next halving, which we estimate will fall on 10 March 2028. Hashrate stands at 1,082 EH/s, and the next difficulty adjustment is projected at a rise of 6.46%. In the headlines, CoinDesk reports that Treasury Secretary Scott Bessent sees crypto as a tool for keeping the US dollar on top. Cointelegraph reports that the Stacks founder believes quantum concerns are already limiting Bitcoin's growth, while Decrypt reports that Robinhood has taken up Ripple's stablecoin, treasury software and trading loans.