Bitcoin Drops on Binance Hack
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Bitcoin, cryptocurrency prices fall
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Bitcoin and crypto prices have fallen sharply over the last 24 hours, hit by a massive $6.3 billion attack on the world’s biggest crypto exchange Binance (though one smaller cry
Bitcoin fell to a five-week low as $1.29 billion in leveraged positions were liquidated. See if support at $76,600 can hold.
Bitwise CIO Matt Hougan joins 'Fast Money' to talk the impact of the Binance hack on bitcoin pricing.
The bitcoin price has fallen sharply from its 2025 peak of $126,000 per bitcoin but has kept its head above water, rebounding from lows under $60,000 to above $80,000 in August as traders bet a $365 trillion-powered bull run has already begun.
Crypto ETFs now hold far more than bitcoin and ether, and the SEC is openly questioning whether its own rules can handle what the industry has already built. What investors think they own and what they actually own may be two very different things.
