Binance Hack: Why Bitcoin Didn't Crash Like It Did in 2018

Following a record $6.4 billion hack on Binance, Bitcoin dipped about 6% to around $76,400, avoiding the severe panic and dramatic crash seen during a similar 2018 security incident. Analysts attribute the market's relative stability to significantly higher overall liquidity, a growing crypto market capitalization, the presence of U.S. spot Bitcoin ETFs held by long-term investors, and proactive measures by Binance to cover losses. Open article →