Other▼ Bearish● Important

Binance hack pushes crypto lower, with BNB down 8% and Bitcoin near $77K

TradingGain Newsroom·3h ago·29 Oct 2026, 23:24 UTC

A multibillion-dollar hack at Binance triggered a sharp sell-off across crypto markets. BNB fell 8%, while Bitcoin, Ether and the wider market also dropped, with Bitcoin close to $77K. The event may matter to traders because it shows how a single exchange's security problem can hit the whole market.

BTCAt the time of writing, Bitcoin traded at $76,861 (-4.96% in 24h).Live price →

Why it matters

Binance suffered a hack worth multiple billions of dollars.
BNB, the exchange's token, fell 8% in the sell-off.
Bitcoin and Ether also dropped, showing the damage spread beyond BNB.

What to watch next

Watch whether Bitcoin holds near the $77K area and whether Binance shares more details on the hack.

BTCLive chartOpen full chart →

This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗

Binance hack pushes crypto lower, with BNB down 8% and Bitcoin near $77K — Story card · share it on your status or channel⬇ Download image

More stories

All news →

2h ago

Market Data▼ Bearish● Important

Bitcoin drops 2.5% in the last hour, now near $76,761

Bitcoin moved −2.49% within one hour on Binance futures, trading around $76,761. Fast moves like this often bring a wave of long liquidations, so expect higher volatility in the next few candles.

BTCLive chart →

3h ago

Altcoins▼ Bearish● Important

Suspicious Binance-linked transfers spark selloff as BNB drops and bitcoin slides

Bitcoin and Ether tumbled as the wider crypto market fell 3.3%, after reports of suspicious multibillion-dollar transfers from Binance-linked wallets. BNB dropped 7%, a bigger fall than the broader market. Traders may see more volatility while the situation stays unclear.

BTC BNBCointelegraph ↗

4h ago

Bitcoin● Neutral

Strategy Reports Record Q3 2026 Operating Income on Bitcoin Rebound

Strategy (MSTR) reported record Q3 2026 operating income of $20.91 billion, driven by Bitcoin's rebound. Its revenue fell, and its year-to-date BTC yield is negative, so the results are mixed. For traders, the report shows how much Strategy's earnings depend on Bitcoin's price.

BTCBitcoin Magazine ↗

4h ago

Bitcoin▼ Bearish● Important

Bitcoin Dips Under $79,000 After Reported Binance Hack and Stablecoin Freezes

Bitcoin fell below $79,000 after reports of a suspected hack at Binance, with outflows of up to $5.8 billion. Tether and Circle reportedly froze about $1.8 to $2.4 billion in stablecoins in response. Traders may watch for security fallout and selling pressure, since the event is tied to a major exchange and to stablecoin liquidity.

BTCBitcoin Magazine ↗

4h ago

Bitcoin▼ Bearish● Important

Bitcoin slips under $79,000 amid reported Binance wallet drain linked to Tornado Cash

Bitcoin fell to an intraday low of $78,297 on Binance spot on Oct. 29 and was near $79,126 at press time. Reports say large transfers left Binance-labeled wallets, and Binance says it is investigating a potential security issue, which adds uncertainty for traders.

BTCCryptoSlate ↗

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.