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Bitcoin Drops Just 4% After Record Binance Hack

20m ago•
Cointribune
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The scene illustrates Bitcoin's decline following the Binance hack, without a true market collapse. On the left, a hooded hacker manipulates a computer displaying the Binance logo, while red charts symbolize selling pressure. In the foreground, several panicked traders watch their screens, fearing a prolonged drop. At the center, a gigantic personified Bitcoin coin, cracked but still standing, represents the cryptocurrency's resilience. On the right, an ascending green arrow and a rising sun suggest a possible stabilization. Overall, it contrasts initial panic with Bitcoin's resilience in the face of market turbulence.

The record theft of 6.4 billion dollars suffered by Binance only caused Bitcoin to retreat by about 4%, compared to nearly 11% during a failed attack in 2018. This resistance mainly reflects a new distribution of liquidity: a growing share of BTC now escapes the panic reactions typical of crypto platforms.

L’article Bitcoin Drops Just 4% After Record Binance Hack est apparu en premier sur Cointribune.

20m ago•
Cointribune
bullish:

0

bearish:

0

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BitcoinBitcoin
-1%
$77,366.72
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