Backpack Price
bp
Price Statistics
BP live price summary
As of Nov 1, 2026, BP has a total market cap of $233.68M, representing a +1.70% change over the past 24 hours. The current price of BP is $0.934779, while the 24-hour trading volume stands at $2.09M. The circulating supply of BP is 250.00M, with a maximum supply of 1.00B. By market cap, BP ranks 153 among all cryptocurrencies. Over the past 24 hours, BP reached a high of $0.943362 and a low of $0.924351.
Backpack price analysis by TradeGPT
- BP tokens remain under pressure in the short term due to macroeconomic uncertainty and technical weakness.
- The recent drop of Bitcoin below $80,000, combined with rising geopolitical tensions and higher interest rates, has amplified risk-off sentiment, dragging BP down with the broader market.
- There are currently no clear reversal signals.
- In the short term, it's advised to focus on key support at $75,000 and resistance above $82,000, set strict stop-losses, and use light positions for range trading.
- For the medium to long term, institutional allocation demand and accommodative liquidity policies provide fundamental support for valuation, making it suitable for high-risk-tolerant investors to accumulate positions in batches on dips and wait for a clearer trend.
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Backpack News
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Jinshi Data summarizes central bank, OpenAI, and market news
Colombia halted interest rate increases as signs of an economic slowdown offset fears over accelerating inflation.
Federal Reserve Bank of St. Louis President Alberto Musalem said additional interest-rate increases are needed to bring inflation to the central bank’s target.
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Frequently Asked Questions about BP(Backpack)
- As of Nov 1, 2026, Backpack (BP) is trading at $0.934779.
- In the last 24 hours, the lowest price is $0.924351, and the highest price is $0.943362, with a trading volume of $2.09M.
- The market cap is $233.68M, ranking it #153 among all cryptocurrencies.
Disclaimer
Disclaimer: Investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of your entire capital. Bybit disclaims all liability for investment outcomes. Nothing provided herein constitutes financial advice, a recommendation, or an offer to buy, sell, or hold digital assets. Investors must independently assess their financial capacity and are encouraged to consult professional advisors. For a comprehensive overview, please review our Risk Disclosure Document and Bybit EU´s Terms of Service.
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