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Bitcoin dips below $79K amid Binance security review and $5.8B outflow concerns

Market News
30 Oct 2026, 02:13 WIB
Tokenpost
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Bearish
Bitcoin dips below $79K amid Binance security review and $5.8B outflow concerns

Bitcoin fell below $79,000 after reports emerged of a possible security issue at Binance, the world's largest crypto exchange. Binance co-founder Yi He confirmed the exchange is reviewing these reports, while Coinbase estimated outflows linked to Binance could be as high as $5.8 billion. Additionally, Blockaid is investigating $3.3 billion in suspicious outflows from Binance wallets, with Tether and Circle freezing over $2.3 billion in stablecoins. Binance has not confirmed a breach and is verifying information before providing official updates, highlighting ongoing uncertainty in the crypto market.

Following the Binance security concerns, Binance Coin (BNB) on Pluang dropped 6.53% to Rp12.859.765 as of Oct 30, 2026 06:31 WIB, contrasting with Tether (USDT) which edged up 0.22% to Rp18.199. BNB's market cap stands at Rp1.669,93 trillion with a strong sell bias in Pluang orders at 63%, while USDT maintains a larger market cap of Rp3.276,53 trillion and a more balanced order activity. This shows a clear divergence in investor sentiment between the two assets amid ongoing uncertainty.

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