CZ Says Bitcoin Fell Less Than Traditional Markets During Selloff

Bitcoin (BTC) was down 3.10% over 24 hours at 7:39 a.m. ET (11:39 UTC) Oct. 30, while CZ said traditional markets had suffered steeper losses. BTC stood at $77,563 at that time. The price was lower over the 24-hour period even as CZ described Bitcoin as holding up better than traditional markets. CZ was responding to a community user's comment about Bitcoin's resistance to falling. The commenter raised a hypothetical in which a hack of more than $6 billion at the world's largest crypto exchange could have put heavier pressure on BTC, and compared that scenario with the token's roughly…