Bitcoin's price fell only 6% following the $6.3 billion Binance hack, a much smaller decline compared to past crypto crises like the COVID-19 crash and FTX collapse. Fitch Ratings highlights this mild drop and a 67% surge in trading volume as signs of a more mature and liquid cryptocurrency market. Binance founder Changpeng Zhao emphasized the need for industry unity and noted that the interconnected crypto ecosystem helped prevent a wider market collapse. Despite ongoing cybersecurity risks, the incident demonstrates bitcoin's growing market resilience and deeper liquidity.
As of Nov 10, 2026 04:02 WIB, Bitcoin trades on Pluang at Rp1.352.680.516 with a 1-day decline of 1.24%, showing a more moderate price movement compared to the 6% drop noted after the Binance hack. Binance Coin (BNB) is priced at Rp12.466.555 with a 1.11% decrease. The market shows strong engagement with a 77% buy order activity for BTC and a typical hold time of 113 days, underscoring steady investor interest despite recent cybersecurity challenges.
On November 9, Binance recorded a single liquidation event where an Ether (ETH) long position worth $3.07 million was closed at a liquidation price of $2,192. This event involved one position and highlights the risks of trading perpetual futures in v...
On November 8, the total cryptocurrency market capitalization fell to $2.52 trillion, down 3.74% in 24 hours, despite Bitcoin gaining a modest 0.09% to $75,782. Trading volume was $29.9 billion, with Bitcoin dominance at 60% and Ether at 10.7%. Among...
Binance will shut down its Bitcoin mining pool on November 10, citing a significant drop in its hashrate from 26 EH/s in December 2025 to 9.2 EH/s in October 2026, reducing its share of the Bitcoin network to under 1%. This decline reflects broader c...
On November 8, an unnamed address transferred 2,000 Ether (ETH) out of Binance, valued at approximately $4.48 million based on the ETH price of $2,240.80. This move represents the largest Ether position build by value for this address in the past thr...
XRP deposits on Binance accounted for 59.5% of transactions over seven days ending Nov. 8, marking the highest deposit share since October 2024 and reversing the previous trend where withdrawals led. Withdrawals made up 40.4% of transactions, leaving...
