There is not enough price history yet to tell how much of MORPHO's move followed Bitcoin; the figures below describe the move, not its cause. This is MORPHO's largest 24-hour rise in 29 days. No MORPHO report was collected from the day before to the day after; the analysis below weighs older evidence.
A Morpho-specific regulatory development may have helped drive the rise: a report at Oct 31, 12:21 UTC said Morpho backed a U.S. crypto-vault regulatory framework. The coin also moved much more than the wider market. A separate report at Oct 31, 11:26 UTC described strained liquidity in some Morpho markets, but does not show that this caused the token’s rise.
A report at Oct 31, 12:21 UTC said Morpho backed a framework for U.S. crypto-vault regulation. Positive attention to the project could have supported the rise, but the report’s effect on token demand is not established.
No confirmed announcement details or timing link to the price move are provided.
Weaker possibilities: Open interest in MORPHO swap contracts rose over the 24 hours ending Nov 1, 00:00 UTC, while funding changed from positive to slightly negative. (OKX perpetual swap: settled funding, OKX perpetual swap: open interest)
The reports do not establish when the rise began or whether either development caused it; the available derivatives data also do not identify the direction or timing of positioning effects.
Looked at the 24 hours to Nov 1, 2026, 00:09 UTC
Computed from OKX · USDT hourly candles for the 24 hours to Nov 1, 2026, 00:00 UTC. Methods →
Largest closed hourly move: +2.71%, Oct 31, 2026, 12:00–13:00 (UTC).
Since 2024-11-21, MORPHO has risen 10% or more in a UTC day 27 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 14 of 27 cases, with a median change of +1.00%. This is history, not a forecast.
| After the move | Cases | Higher | Median change |
|---|---|---|---|
| Next day | 27 | 12 | -1.10% |
| 7 days later | 27 | 14 | +1.00% |
| 30 days later | 27 | 11 | -7.84% |
Latest 10 episodes: 2026-09-18, 2026-08-23, 2026-07-09, 2026-05-05, 2026-04-07, 2026-02-24, 2026-02-14, 2026-02-02, 2025-10-11, 2025-09-18 (UTC)
One venue’s daily closes, before costs; the coin’s own survived history, so it says nothing about coins that no longer trade. Past episodes are not a forecast.