Bitcoin shrugs off Binance’s $6.3B hack and stays above $78k

Binance suffered the biggest crypto theft ever on the night of October 30, 2026, losing $6.3 billion. The exchange halted withdrawals temporarily, later recovered over 90 % of the stolen funds and began reopening outflows. Users have since pulled more than $4 billion from the platform.

Bitcoin’s price dipped from $82,000 to $76,000 but quickly stabilized above $78,000. Over the week it fell just 2.9 %, slightly less than gold’s 3 % decline. ETF holders sold $643 million worth of the asset, yet the selling did not trigger a deeper sell-off.

Analysts read the muted reaction as bullish. Willy Woo contrasted it with the 25 % drop during the FTX collapse in a bear market. Charles Edwards called holding near $77,000 three days after the heist “impressive” and a sign the market is largely indifferent to the event.

Based on information from cryptonews.net