Story thread · 4 updates · October 26, 2026 → November 1, 2026
Late October 2026 Crypto Market Movements and Regional Growth
Where things stand · updated 2h ago
Regional adoption and broad digital asset trading showed distinct shifts in late October 2026.
Chainalysis figures indicate the Middle East and North Africa crypto market reached $443 billion, driven by the UAE's 32% expansion to $104.8 billion and Türkiye's $144.5 billion market, where domestic peer-to-peer stablecoin transfers rose fivefold.
Meanwhile, broader spot markets experienced price swings. $BTC rose consecutively from an $80,795 close on Oct. 27 to $81,254 on Oct. 28, with market breadth favoring gainers across the top 50 assets. However, the asset dropped to a $77,435 close on Oct. 31 despite a 0.4% intraday rise, as advancing assets thinned to 14 of the top 50. Contrastingly, $TON posted a 51.7% surge during the Oct. 31 session.
The divergence between localized adoption trends in the MENA region and late-month valuation contractions highlights shifting liquidity across global trading desks. Market participants continue monitoring asset distributions across leading tokens as price ranges compress.
Timeline
-
Crypto market close, Oct. 31: Bitcoin edges up 0.4% to $77,435 as TON jumps 51.7%
Bitcoin ended the UTC day at $77,435 after a $76,974–$77,608 range; 14 of the 50 largest crypto assets rose and 30 fell. Movers, whale flows, stablecoins and sentiment inside.
-
Crypto market close, Oct. 28: Bitcoin edges up 0.8% to $81,254
Bitcoin ended the UTC day at $81,254 after a $80,330–$81,632 range; 31 of the 50 largest crypto assets rose and 12 fell. Movers, whale flows, stablecoins and sentiment inside.
-
Crypto market close, Oct. 27: Bitcoin edges up 0.8% to $80,795
Bitcoin ended the UTC day at $80,795 after a $79,400–$81,150 range; 28 of the 50 largest crypto assets rose and 16 fell. Movers, whale flows, stablecoins and sentiment inside.
-
MENA Crypto Market Hits $443B as UAE Closes Gap on Türkiye
Chainalysis data shows the UAE expanded 32% to $104.8 billion while Türkiye's $144.5 billion market saw domestic peer-to-peer stablecoin transfers jump fivefold.
Basis Desk Newsroom · AI-generated, source-verified. The summary is regenerated from the thread's verified articles whenever a new one is added. Not financial advice.