Bitcoin● Neutral● Important

Bitcoin Holds Above $76,000 Despite Binance Hack and Tech Sell-Off

TradingGain Newsroom·1h ago·30 Oct 2026, 11:29 UTC

Bitcoin stayed above $76,000 after a $6.3 billion hack at Binance and a sell-off in tech stocks. Liquidations of about $1.6 billion followed the hack, and momentum indicators point to a possible rebound.

BTCAt the time of writing, Bitcoin traded at $77,428 (-3.41% in 24h).Live price →

Why it matters

Bitcoin's ability to stay above $76,000 suggests the market absorbed the Binance hack shock so far.
Roughly $1.6 billion in liquidations shows leveraged traders took heavy losses in the sell-off.
Momentum indicators hint at a possible rebound, which may matter for short-term entries.

What to watch next

Watch whether Bitcoin holds the $76,000 area and whether momentum indicators confirm a rebound in the coming sessions.

BTCLive chartOpen full chart →

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

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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.