Bitcoin Price After Binance Hack: Only 2% Down. What Comes Next?

The biggest hack in the history of crypto just hit the biggest exchange in the world, and $Bitcoin dropped only 2%. A $2.8 billion hole in Binance’s hot wallet, $628 million in liquidations in a single hour, and BTC gave back less than it loses on a bad ETF-flow day. Whether that resilience holds is the question now. Here is what happened, and where the Bitcoin price can go from here.What happened to Binance?On Thursday night at 20:24 UTC, a Binance hot wallet was drained in a single transaction, with roughly $2.8 billion in ETH, stablecoins and other tokens leaving…
You are reading an excerpt. CryptoTicker wrote and owns the full article.
Continue reading at cryptoticker.io











