Bitcoin traded at $109,707 on Nov. 1, closing October with a 3.69% decline, HTX market data show. This marks only the third October in Bitcoin's history to post negative returns, following similar declines in 2014 and 2018. Historical data shows October typically ranks among Bitcoin's strongest months, with an average return of +19.92% and a median return of +14.71%. Ethereum traded at $3,841, closing October down 7.02%, representing its third-worst October performance on record.

U.S. Treasury Secretary Scott Bessent said on Nov. 1 that the Bitcoin network has operated continuously for 17 years since the whitepaper's publication, demonstrating unprecedented resilience, BlockBeats reports. Bessent noted the network maintains uninterrupted uptime. He added a political remark suggesting Senate Democrats could learn from this operational reliability.

Address 0xc2a holds approximately $370 million in leveraged long positions across Bitcoin, Ethereum, and Solana with no trades in the past 24 hours, HyperInsight data show. The portfolio includes a 13x BTC long worth about $113 million (entry $110,123.0, unrealized loss $320,000), a 10x ETH long valued at roughly $150 million (entry $3,845.33, unrealized gain $110,000), and a 10x SOL long of approximately $105 million (entry $198.4, unrealized loss $6.5 million). The address has recorded 14 consecutive winning trades since Oct. 14.

Bitcoin fell below $109,000 on Nov. 1, up 0.58% in 24 hours, HTX data show. The cryptocurrency breached the threshold on the HTX trading platform.

Bitcoin briefly surpassed $111,000 on Oct. 31, rising 2.5% over 24 hours, HTX market data show. The move marked a short-term spike for the leading cryptocurrency.

Two newly created wallet addresses withdrew 2,000 BTC valued at $220 million from Binance over a two-hour period on October 31, Lookonchain data show. The withdrawals occurred within a concentrated timeframe on the exchange platform.

BlackRock transferred 3,496 BTC (approximately $384 million) and 31,754 ETH (approximately $122 million) to Coinbase Prime on Oct. 31, Lookonchain data show. The deposits were executed in a single transaction involving both digital assets. The platform tracked the movement from BlackRock-associated addresses to the institutional trading platform.

Bitcoin returned to test support near $109,000 on Oct. 31, corresponding to the 0.85 cost basis zone, Glassnode data show. This level has historically served as a critical threshold where holding support typically triggers significant rebounds, while a break below often leads to further downside toward the 0.75 cost basis zone at approximately $98,000. The cost basis zones represent key on-chain metrics that track the average acquisition price of Bitcoin across different investor cohorts.