Bitcoin has maintained its position above the 50-week moving average for the seventh consecutive week despite the $6.3 billion hack on Binance, one of the largest crypto exchange breaches. This resilience suggests that much of bitcoin's speculative excess may have already been removed, and the broader technical structure remains intact. Analysts note that bitcoin could dip to around $75,800 without breaking its positive trend, indicating the market is absorbing the shock rather than breaking down. The Binance hack is seen as a confidence shock to centralized crypto infrastructure but not to bitcoin itself, which continues to hold strong amid ongoing fiscal and monetary concerns globally.
As of Nov 02, 2026 20:43 WIB, Bitcoin remains resilient on Pluang, trading at Rp1.415.842.614 with a slight 1-day increase of 0.09%. Despite the Binance hack impacting the broader crypto space, Bitcoin's market cap on Pluang stands strong at Rp28.363,64 trillion, supported by a high buy order activity of 71%. This shows continued investor confidence in Bitcoin's stability amid recent shocks.
Bitcoin's price has fallen out of a descending channel and confirmed this breakdown, raising concerns of a deeper drop to around $75,000. This comes amid the backdrop of the $6.3 billion Binance hack, which included about 18,270 BTC. Technical indica...
Bitcoin balances on major exchanges dropped over daily, weekly, and monthly periods, with Binance experiencing the largest daily net outflow of 20,335 BTC. Total BTC held by major exchanges was about 2.44 million as of November 2. Trading volume on B...
A cryptocurrency wallet linked to Binance's $6.3 billion hack moved 80 million XRP, worth about $101 million, in two transfers within 50 seconds on November 2. These were the first major movements of stolen XRP since the October 29 breach, occurring ...
A trader closed a long position in NEAR tokens worth about $10.28 million, realizing a profit of approximately $4.43 million by selling 2.49 million tokens at an average price of $4.13, after entering at $2.35. The trader simultaneously opened short ...
Binance's proof-of-reserves snapshot on October 31 revealed a 0.52% increase in Bitcoin (BTC) balances, rising by 3,614 BTC to about 692,200 BTC since October 1. However, balances of Ether (ETH), Tether (USDT), and Binance Coin (BNB) declined during ...
