A $6.3 Billion Hack Tested Bitcoin’s Bull Market. 3 Signs It Passed
The largest crypto hack on record hit Binance last week. Bitcoin’s (BTC) charts, however, show little sign of a broken bull market. Three signals point that way, from the weekly close to monthly momentum. One group of investors still has reason for caution before the US midterm elections. 1. A Record Hack Met a Shallow The post A $6.3 Billion Hack Tested Bitcoin’s Bull Market. 3 Signs It Passed appeared first on BeInCrypto.
Key Takeaways
- The largest crypto hack on record hit Binance last week.
- Bitcoin’s (BTC) charts, however, show little sign of a broken bull market.
- Three signals point that way, from the weekly close to monthly momentum.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Binance hack fallout, U.S. midterms and jobs report: Crypto Week Ahead
Your look at what’s coming in the week starting Nov. 2.

Binance Has Shed $16B Since The Hack as Its Proof Lands Tuesday
Binance’s tracked assets have fallen by about $16.6 billion since the Oct. 29 hack. Its full zero-knowledge reserve proof, first promised for Monday, is now due Tuesday, Nov. 3. A $15.7 Billion Drawdown Data from analytics platform Defillama shows the value…

Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.