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Binance suffers $2.8B hack, Bitcoin drops just 2%, showing market resilience.

Market News
30 Oct 2026, 11:02 WIB
CryptoTicker
View Source
Neutral
Binance suffers $2.8B hack, Bitcoin drops just 2%, showing market resilience.

Binance experienced the largest crypto hack ever, losing $2.8 billion from a hot wallet, yet Bitcoin's price fell only 2%, highlighting its growing market stability. Major stablecoins linked to the attack were quickly frozen, and Binance assured users their funds are safe. Bitcoin's limited reaction contrasts with past crashes after major exchange failures, signaling that the market views this as a Binance issue, not a Bitcoin problem. Key price levels to watch include $78,670 for recovery and $76,426 as support, with potential to rebound towards $82,000 and $88,000 if stability holds.

Binance Coin (BNB) is down 6.25% on Pluang, trading at Rp12.820.732 as of Oct 30, 2026 15:21 WIB. This shows a notable market reaction to the Binance hack, contrasting with Bitcoin's smaller price impact noted in the article.

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