Crypto Market Recap Oct 31, 2026: Morpho Breaks Out of a Flat Market

What Moved

Little changed at the headline level. Total market capitalisation closed at $2.68T, +0.1% on the day — close enough to flat that the story sits underneath the index.

Bitcoin closed at $77,609, +0.4% on the day, roughly in step with the wider market. Dominance stands at 58.2%. Ethereum gained 0.5% to $2,258.

Breadth was split — 1068 assets up, 1335 down — with 38.0% of the hundred largest closing higher. That is a market choosing names, not direction.

Morpho (MORPHO) was the day's strongest mover at +13.3%, ahead of LIT (+12.3%). At the other end, HTX DAO (HTX) fell 7.0%, with BTW (-6.5%) close behind. By sector, Storage & Compute led (+0.4%) while Zero Knowledge trailed (-1.9%).

Volume and Leverage

Volume thinned out. We measured $27.1B of trading, -64.1% against the previous day, so the price moves came on light participation. Spot on centralised exchanges accounted for $26.2B, on-chain swaps $1.45B and derivatives $46.7B.

Liquidations were contained at $32.7M, split between longs ($16.3M) and shorts ($16.4M). Open interest across the venues we track is $64.5B.

Sentiment

Sentiment is greed: our Fear & Greed index reads 61 (55 yesterday, 58 last week).

With price flat, the index is doing little more than tracking volatility and breadth. Watch for a move in either to set the next direction.