[Bitcoin now] Bitcoin slips to $77,674 as trading volume and active addresses rise

Bitcoin slipped 0.11% to $77,674 as trading volume rose 19.39%. Sentiment improved but remained in fear territory, while exchange outflows and an increase in active addresses accompanied the subdued price action.

November 2, 2026

Higher turnover and network activity contrasted with Bitcoin’s modest price decline. Sentiment and search interest also increased, although the indicators offered a mixed picture of market conditions.

📈 Price now: $77,674 (-0.11%) Bitcoin edged lower, with the latest daily return also negative following two positive sessions.

Trading volume: $15.01 billion (+19.39%) Turnover increased despite the price decline. Volume includes both purchases and sales, so the increase alone does not establish stronger buying pressure.

Daily return: -0.76% The latest five daily readings were October 29, -4.12%; October 30, -0.80%; October 31, +0.28%; November 1, +1.00%; and November 2, -0.76%. Two declining sessions were followed by two gains and another decline, leaving the recovery uneven.

Asset comparison: S&P 500 down, gold up CNBC data showed the S&P 500 at 7,580.07, down 1.82%, while gold rose 0.68% to $3,901.32. The divergence offered little evidence of a broad improvement in risk appetite.

MACD: daily -1,227; weekly 1,784 The negative daily reading indicated continuing short-term weakness, while the positive weekly reading pointed to a firmer longer-term backdrop.

❤️ Sentiment now: dominance 59.96% (+0.02 percentage points) Bitcoin’s share of the cryptocurrency market edged higher, indicating a small increase in its relative weight.

Fear and Greed Index: 37 (Fear) The reading improved from 34 in the previous session but remained below the prior week’s 50. Sentiment recovered somewhat without leaving fear territory.

Google Trends score: 55, previously 48 Search interest increased alongside trading volume, even as Bitcoin’s price edged lower.

🧭 Market now: SOPR 1.0026 The reading stood just above the breakeven threshold, indicating that coins spent on-chain were, on average, being moved at a slight profit.

Funding rate: +0.0089% (9.7% annualized) Positive funding indicated that long positions were paying shorts. The rate declined and remained classified as neutral, suggesting limited evidence of excessive leverage demand.

Exchange reserves: 2,441,742 BTC Reserves fell 0.81%, reducing the amount of Bitcoin held on exchanges. Withdrawals alone do not establish that the coins will be held for the long term.

Exchange net flows: 19,745 BTC net outflow More Bitcoin left exchanges than entered them. The outflow was consistent with reduced immediately available exchange supply, although it did not establish accumulation.

Active addresses: 604,807 Coin Metrics data for November 1 showed an increase from 588,825. Network participation rose, but active addresses do not directly measure new investors.

This column reviews market data and technical indicators and does not provide investment recommendations.