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Bitcoin Drops Just 4% After Record Binance Hack

Bitcoin Drops Just 4% After Record Binance Hack
Source: rande-academy.cz

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

Summary

  • Bitcoin 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 CryptoCompass editorial visual for bitcoin coverage.
  • 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.
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