Bitcoin (BTC) Marks Six-Week Low After Binance Hack Estimated at $6.3B
Key Takeaways
- •Bitcoin dropped below the $77,000 mark on Friday, October 30, 2026, its lowest point in approximately six weeks.
- •An overnight low near $76,368 was recorded before trading activity steadied.
- •Live monitoring later showed Bitcoin at $77,581, a 0.1% uptick from the previous reading despite remaining down 4.6% overall.
- •The price decline followed a hack at Binance estimated at $6.3 billion, according to the report.
- •Confirmed details and an official statement from Binance remain outstanding follow-up items for readers tracking the story.
Bitcoin (BTC) Marks Six-Week Low After Binance Hack Estimated at $6.3B
Bitcoin (BTC) fell below $77,000 on Friday, October 30, 2026, for the first time in roughly six weeks, according to COINOTAG. The asset printed an overnight low near $76,368 before trading steadied. A six-week low places the asset at its weakest point in that span, a level traders commonly use as a reference point for short-term momentum.
Live monitoring placed the largest proof-of-work asset back at $77,581, up 0.1% from the last published reading, although the coin remained down 4.6%.
The decline followed a hack at Binance estimated at $6.3 billion, per the report. The figure is sourced to that report, so confirmed details and any official statement from Binance are the natural follow-up items for readers tracking the story.
Bitcoin, the original cryptocurrency, runs on a proof-of-work blockchain and trades around the clock on exchanges worldwide, so price moves outside traditional market hours are routine. Binance ranks among the world's largest cryptocurrency exchanges by trading volume, a scale that explains why security incidents at major venues draw close attention from traders and industry observers focused on platform safeguards and the handling of customer funds.
This content was first published on COINOTAG: https://en.coinotag.com/bitcoin-btc-six-week-low-binance-hack-6-3b
