Bitcoin Price Slides Below $79,000 as Binance Loses $5.8 Billion in Massive Hack

Article Micah Zimmerman Thursday, 29 October 2026

Bitcoin Magazine

Bitcoin price fell below $79,000 as reports of a suspected Binance hack, with outflows of up to $5.8 billion, prompted Tether and Circle to freeze roughly $1.8 to $2.4 billion in stablecoins.

This post Bitcoin Price Slides Below $79,000 as Binance Loses $5.8 Billion in Massive Hack first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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