Market brief · 2026-10-31
Bitcoin slips to $77,282 as majors fall and meme coins edge higher
· By the MyCryptoSignal Data Desk · Written from our own collected price data
Brief as of
Crypto drifted lower on a quiet tape, with the total market cap at $2.45 trillion, down 0.95% over 24 hours. Bitcoin held $77,282, off 1.28%, while Ether barely moved at $2,241.38, down 0.02%. Beneath the surface the split was unusual: majors fell while meme coins and smaller names edged higher.
The total market cap stood at $2.45 trillion, down 0.95% over 24 hours and 3.85% over the past week. Bitcoin traded at $77,282, off 1.28% on the day and 4.16% over seven days, with dominance at 63.4%. Ether held at $2,241.38, down 0.02%, effectively flat against the broader drift. Volume across the tracked market reached $297.45 billion. The cap's seven-day decline of 3.85% is the backdrop against which the day's split between cohorts played out.
Of the 55 tracked coins, 19 rose, 15 fell and 21 held inside a percentage point. The cohorts split sharply. Majors, eight coins, averaged a 1.14% decline with one riser and four fallers. Meme coins, five names, averaged a 0.08% gain with four risers and no fallers. The other 39 coins averaged 0.66% higher, with 14 risers and 11 fallers. The gap reads as rotation away from the largest names rather than broad selling.
Beam led the day, trading at $0.00493702 for a gain of 18.54%. Volume reached $230.37 million, RSI sat at 58.3 and the trend reads up. The coin ran between a 24-hour low of $0.00419481 and a high of $0.00532778. Over seven days it is up 46.35%, and over 30 days up 141.84%. No news item in the packet covers the move, so the numbers stand on their own: a small-cap token extending a month-long advance.
Optimism followed at $0.113536, up 10.07%, with volume of $116.56 million and RSI at 57.8. It traded between $0.101928 and $0.121996, and its seven-day change is 0.81%. Pyth Network rose 5.13% to $0.064737 with RSI at 57.6, though it is down 8.27% over seven days. Aave gained 4.92% to $131.76 on $262.57 million of volume, still 21.08% lower over 30 days. Uniswap added 4.22% to $7.00 on $675.23 million.
Kaspa was the weakest tracked name, at $0.03261425, down 5.16% on the day, 9.81% over seven days and 25.99% over 30 days, with RSI at 31.5. Solana slipped 2.19% to $95.62 on $3.02 billion of volume, down 6.20% on the week. TRON fell 3.02% to $0.322632 with RSI at 32.3. Injective lost 3.09% to $7.11. THORChain declined 2.40% to $0.658362 but remains up 4.24% over seven days.
Of 30 coins sampled for technicals, none were overbought and none oversold. Two carried an uptrend and 20 a downtrend. Bitcoin's own RSI sat at 46, its trend reads down, and volatility printed at 0. Support rests at $76,460.90 and resistance at $77,494, with the price trading between the two. That mix — no extremes, a heavy downtrend count — describes a tape that is drifting rather than stretched.
Over seven days, Beam's 46.35% gain leads, followed by Pepe at $0.00000509, up 10.85%, and Quant at $192.57, up 6.42%. The week's laggards are VeChain at $0.00584908, down 17.38%, Worldcoin at $0.397327, down 16.39%, and JasmyCoin at $0.00380263, down 14.69%. Bitcoin's $201.96 billion of volume leads a $297.45 billion total. Beam is the only name appearing on both today's risers and the week's leaders.
The tape is telling a story of rotation, not risk-off. Bitcoin's 1.28% decline and the majors' 1.14% average drop sit alongside a 0.08% gain for meme coins and 0.66% for the other 39 tracked names. Nineteen coins rose against 15 that fell, and 21 held inside a percentage point. That is not the shape of a broad selloff. It is capital moving out of the largest names and into smaller ones. The technical picture agrees: zero overbought and zero oversold readings across 30 sampled coins, with 20 in downtrends and Bitcoin's RSI at 46. Nothing here is stretched in either direction. Bitcoin dominance at 63.4% keeps the market's center of gravity where it has been.
Yesterday's brief noted Bitcoin slipping to $78,271 with 41 of 55 coins falling; today the count is 19 rising and 15 falling, so breadth has flipped even as the price moved lower again to $77,282. Beam's second straight day as the leader, now up 46.35% over seven days, is the name to track against its 24-hour high of $0.00532778. Bitcoin's support at $76,460.90 and resistance at $77,494 sit close together, and the price is between them.
Data, not advice.
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