Bitcoin● Neutral

Bitcoin Holds Up Better Than Expected After Binance Hack, Strive CEO Says

TradingGain Newsroom·2h ago·31 Oct 2026, 15:26 UTC

Bitcoin has held up better than many expected following the Binance hack, according to Strive CEO Matt Cole. Cole says the hack has not changed his long-term view on Bitcoin, but he warns it is too early to say the market has hit bottom.

BTCAt the time of writing, Bitcoin traded at $77,541 (+0.1% in 24h).Live price →

Why it matters

Bitcoin's resilience after the Binance hack may signal steadier sentiment than traders feared.
Strive's CEO says the hack has not altered his long-term outlook on Bitcoin.
Cole's warning that the bottom is not yet confirmed suggests caution on quick rebound bets.

What to watch next

Watch how Bitcoin's price behaves in the coming sessions and whether further news on the Binance hack emerges before judging a market bottom.

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.