Crypto stocks plunge harder than Bitcoin as BTC sits 39% below its peak

Coinbase, Strategy, Circle and Galaxy Digital all fell further than the asset they track, even as most listed crypto firms grew revenue Bitcoin had a rough day on October 30, 2026. The companies built around it had a worse one. Every listed crypto stock fell further than Bitcoin itself. That held true even though six of the nine companies in the group had grown their revenue. A bad day, amplified Bitcoin slid close to 5% during the session, trading in a range between $76,000 and $77,900. That puts it approximately 39% below its all-time high of nearly $126,000, set in October 2025. Coinbase took the heaviest hit among the big names, falling 12.4% to close at $140.70. That is more than double Bitcoin’s daily decline, for a company whose business depends on people actually wanting to trade crypto. Strategy, the company formerly known as MicroStrategy, dropped more than 6% to $132.20. Stablecoin issuer Circle fell 8.3%, while Galaxy Digital shed 8.1%. The catalysts stacking up The selloff didn’t happen in a vacuum. Crypto stocks fell alongside a broader technology market selloff, which tends to drag down anything with a growth-stock profile. Then came the bigger shock. A security brea...