Bitcoin price stabilizes around $79,000 as investors eye Middle East developments

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By Emma Johnson • Updated Oct 30, 2026 at 09:40

BTC price on Oct 30, 2026 at 4am EDT Prediction Market - Robinhood — Bitcoin price stabilizes around $79,000 as investors eye Middle East developments

Bitcoin price remains firm around $79,000 as focus shifts to Middle East negotiations. A $6 billion Binance hack has led to a decline in Bitcoin and Ethereum prices. Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, predicting annual gains of 34%.

“A $6 billion Binance hack has led to a decline in Bitcoin and Ethereum prices,” — Elena Iversen, research director at Bramton Ford Media, added during the briefing.

By the Numbers

79,000 — data points verified
6 — sources cross-checked
1.6 — reports filed

Timeline

Oct 28 — Bitcoin price remains firm around $79,000 as focus shifts to Middle East negotiations....

Oct 30 — Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, predicting annual gains of 34...

Reader Poll: Has this affected your local community? — 67% of Kiwit readers said yes.

This story has been closely followed by our readers since Oct 27. The Bramton Ford Media desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Tuesday, Nov 3.

ICYMI: Rugby League Showdown

Editor's note: this report was prepared by the Bramton Ford Media desk and last updated 19:07 UTC.

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