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Bitcoin dips below $77K after Binance's $6.3B hack, buyers eye $80K recovery.

Market News
30 Oct 2026, 18:04 WIB
Crypto news
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Bearish
Bitcoin dips below $77K after Binance's $6.3B hack, buyers eye $80K recovery.

Bitcoin fell below $77,000 following a $6.3 billion security breach at Binance, with traders watching if support between $76,200 and $76,800 holds. The hack saw at least $3.5 billion drained from Binance wallets across multiple blockchains, with stolen stablecoins used as collateral to borrow Ethereum. Binance has set aside over $6.3 billion in reserves to cover losses, but concerns remain about withdrawal access and market liquidity. A recovery above $80,000 could signal stabilization, while experts warn of potential wider impacts if withdrawal restrictions persist.

Following the Binance hack news, Bitcoin on Pluang trades at Rp1.412.827.897, down 4.72% as of Oct 30, 2026 22:21 WIB, with a market cap of Rp27.951,16T. Binance Coin also fell, priced at Rp12.772.339 with a 6.77% drop, reflecting heightened sell pressure as Pluang order activity shows 60% selling for BTC and 63% for BNB. Typical hold times remain long at 112 days for Bitcoin and 90 days for Binance Coin, indicating some investor patience despite volatility.

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