- Bitcoin fell to $76,000 on the night of Oct. 30, 2026, amid reports of a Binance hack with losses totaling $6.3 billion.
- Crypto-market volatility drove more than $1.5 billion in futures liquidations over 24 hours, affecting more than 237,000 traders.
- Bitcoin later recovered above $78,000, while Ethereum rebounded from about $2,170 to roughly $2,250.
Bitcoin dropped to $76,000 on Oct. 30, 2026, amid reports of a hack of the Binance crypto exchange, with losses totaling $6.3 billion. Incrypted described it as the biggest hack in crypto-market history.
The cryptocurrency later recovered and was trading above $78,000 at the time of writing. A TradingView BTC/USDT chart showed its price movement on Binance.
Ethereum and other major assets decline
Ethereum also fell, reaching about $2,170 before rebounding to roughly $2,250 at the time of writing. Its price movement was shown in a TradingView ETH/USDT chart for Binance.
The negative trend extended to most other major crypto assets, according to CoinMarketCap data covering the 10 largest cryptocurrencies by market capitalization.
Liquidations exceed $1.5 billion
Volatility across the crypto market pushed futures-position liquidations above $1.5 billion over the previous 24 hours, according to CoinGlass. More than 237,000 traders were affected by forced position closures.
Wintermute analysts had previously assessed the risk of bitcoin falling to the $76,000 level.
Source: Incrypted
