☀️ MORNING MARKET BRIEF | OCT 30, 2026
🐐 GOATCRYPTOGAINS x KENNY CHOI
🌎 Crypto • Stocks • Macro
🚨 BINANCE SUSPECTED $5.8B HACK
• Nearly $5.8B in assets traced to 55 unknown wallets; $2.54B frozen.
• BTC drops below $78K, hitting $77,739; over $1.1B in liquidations.
• Crypto market cap loses $70B in 24 hours.
🏦 STRATEGY REPORTS RECORD PROFIT
• Q3 net income reaches $19.5B, with 848,517 BTC held.
• CFO Andrew Kang steps down on November 5.
• MSCI decision regarding Strategy expected November 11.
📈 MACRO: STRONG US GDP, HOTTER INFLATION
• US Q3 GDP grows 3.4%, beating the 3.1% forecast.
• PCE inflation rises to 3.6% YoY, adding pressure on interest rates.
• ECB holds rates at 2.5% but discusses a potential hike.
📉 US STOCKS: BIG TECH SELLOFF
• Amazon -6%, Intel -20%, ServiceNow -27%, Alphabet -13%.
• Nasdaq faces pressure from AI spending and weaker earnings outlooks.
🪙 CRYPTO BUSINESS UPDATES
• Coinbase reports $719M in net income, with adjusted EBITDA up 60%.
• HYPE +10.9%, PURR +19%, outperforming the broader market.
• Switzerland lists its first spot Bitcoin ETF on SIX.
📅 TODAY’S KEY EVENTS
• 09:30 – BOJ interest rate decision.
• 12:30 – BOJ press conference.
• 15:00 – BTC options expiry worth approximately $10B.
#bitcoin #crypto #USMidtermElections #goatcryptogainscall $BTC