FeesSafety
Pluang+

Crypto stocks fall harder than Bitcoin amid Binance $6.3B breach and market selloff

Market News
30 Oct 2026, 19:21 WIB
Crypto Briefing
View Source
Bearish
Crypto stocks fall harder than Bitcoin amid Binance $6.3B breach and market selloff

On October 30, 2026, Bitcoin dropped nearly 5%, but listed crypto stocks like Coinbase, Strategy, Circle, and Galaxy Digital fell even more sharply, despite some reporting revenue growth. The selloff was driven by a broader tech market decline and a major $6.3 billion security breach at Binance, which triggered over $1.5 billion in leveraged liquidations. This event highlights how crypto stocks behave more like leveraged bets on Bitcoin sentiment rather than stable businesses, especially during market stress. Investors should watch how the Binance breach unfolds, as it could impact confidence in centralized crypto platforms and influence future crypto equity stability.

Crypto stocks' sharp declines provide context for readers following this sector. As of Oct 30, 2026 23:02 WIB, the breadth of 50 major cryptocurrencies on Pluang showed 4 rising and 45 falling. Notable movers include ONE (Harmony) down 9.24% at Rp21 with a typical hold time of 153 days, GRT (The Graph) down 9.04% at Rp371 with 99 days hold, and SNX (Synthetix) down 9.00% at Rp3,357 with a 71-day hold time and 100% sell order activity.

More News

FreightCar America stock drops 31.4% after removing 1,285 railcars from backlog, sparking fraud investigation.

FreightCar America stock drops 31.4% after removing 1,285 railcars from backlog, sparking fraud investigation.

FreightCar America disclosed on October 19, 2026, that it removed 1,285 railcars from its backlog after a customer was unlikely to fulfill contractual obligations, causing its stock to drop 31.4% to $4.02. This sharp decline has led Glancy Prongay Wo...

Market News
Bearish
1 hour ago
FirstCash shares drop 14.75% after Q3 earnings reveal 28% income decline in finance segment.

FirstCash shares drop 14.75% after Q3 earnings reveal 28% income decline in finance segment.

FirstCash Holdings, Inc. shares fell 14.75% following the October 22, 2026 disclosure of its third quarter financial results, which showed a 28% year-over-year decline in operating income for its American First Finance segment to $33 million. The com...

Market News
Bearish
1 hour ago
Screw compressors market to hit $18.38B by 2031, driven by automation and energy-efficiency upgrades.

Screw compressors market to hit $18.38B by 2031, driven by automation and energy-efficiency upgrades.

The global screw compressors market is projected to grow from $13.97 billion in 2026 to $18.38 billion by 2031, at a CAGR of 5.66%. Growth is fueled by rising industrial automation, energy-efficiency regulations, and demand in manufacturing, oil and ...

Market News
Bullish
1 hour ago
Enova shares drop 23.43% after withdrawing bank acquisition application, prompting securities fraud investigation.

Enova shares drop 23.43% after withdrawing bank acquisition application, prompting securities fraud investigation.

Enova International's stock fell 23.43% after the company withdrew its application to acquire Grasshopper Bancorp and become a bank holding company. The withdrawal was due to unclear regulatory standards and political pressures cited by Enova. This s...

Market News
Bearish
1 hour ago
Dialysis machines market to grow 6.5% CAGR to $31.54B by 2035, driven by home dialysis and tech advances

Dialysis machines market to grow 6.5% CAGR to $31.54B by 2035, driven by home dialysis and tech advances

The global dialysis machines market is forecasted to grow from $17.89 billion in 2026 to $31.54 billion by 2035, at a CAGR of 6.5%. Growth is fueled by rising chronic kidney disease cases, expanding dialysis infrastructure, and innovations like home ...

Market News
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App