CNBC: Bitcoin trading down about 4% after record Binance hack
CNBC reported bitcoin was trading down about 4% on Friday afternoon, less than a day after the record Binance hack.
Developing storyZhao asks Musk for 'respect' after $6.3 billion Binance hack2 reports · latest 53 min agoTimeline →What happened
CNBC reported on Oct 30, 18:07 UTC that bitcoin was trading down about 4% on Friday afternoon. The article is titled "Why bitcoin held up better after the record Binance hack." CNBC noted the price action occurred less than a day after the biggest crypto hack in history and examined why bitcoin appeared to hold up better in that context.
Crypto market context
As of Oct 30, 19:00 UTC, bitcoin was $76,369.00, ether $2,230.74, Solana $94.15 and XRP $1.2400 — over 24 hours bitcoin fell 5.44%, ether fell 4.18%, Solana fell 6.26% and XRP fell 3.49%, per CoinGecko.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| Nasdaq 100 (via QQQ ETF) | $685.04 | -4.24% | vs prior close | Oct 30, 19:02 UTC | Finnhub |
| Bitcoin | $76,369.00 | -5.44% | 24h | Oct 30, 19:00 UTC | CoinGecko |
| Ether | $2,230.74 | -4.18% | 24h | Oct 30, 19:00 UTC | CoinGecko |
| Solana | $94.15 | -6.26% | 24h | Oct 30, 19:00 UTC | CoinGecko |
| XRP | $1.2400 | -3.49% | 24h | Oct 30, 19:00 UTC | CoinGecko |
| US Dollar Index (via UUP ETF) | $29.01 | -0.10% | vs prior close | Oct 30, 19:02 UTC | Finnhub |
Related coverage
CoinDesk published "Here's how big bitcoin traders responded after the Binance hack hit." Cointelegraph ran two related pieces: "Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides" and "Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack." Yahoo published "Why Bitcoin Is Down Today."
- Why bitcoin held up better after the record Binance hack — CNBC, Oct 30, 18:07 UTC
- Here's how big bitcoin traders responded after the Binance hack hit — CoinDesk, Oct 30, 11:51 UTC
- Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides — Cointelegraph, Oct 29, 23:24 UTC
- Why Bitcoin Is Down Today — Yahoo, Oct 30, 17:37 UTC
- Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack — Cointelegraph, Oct 30, 11:29 UTC
Sources and data
- CNBC (secondary source) — Why bitcoin held up better after the record Binance hack
- CoinDesk (secondary source) — Here's how big bitcoin traders responded after the Binance hack hit
- Cointelegraph (secondary source) — Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
- Yahoo (secondary source) — Why Bitcoin Is Down Today
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 30, 19:02 UTC; report generated Oct 30, 19:02 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
US Dollar Index (DXY)
An index of the US dollar's value against a basket of six currencies: the euro (the largest weight, about 58%), Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.
Liquidation
The forced closing of a leveraged position when its collateral no longer covers potential losses.
Sources & data
- CNBC (secondary, retrieved Oct 30, 2026, 07:04 PM UTC)
- CoinDesk (secondary, retrieved Oct 30, 2026, 07:04 PM UTC)
- Cointelegraph (secondary, retrieved Oct 30, 2026, 07:04 PM UTC)
- Yahoo (secondary, retrieved Oct 30, 2026, 07:04 PM UTC)
- Finnhub (market-data, retrieved Oct 30, 2026, 07:04 PM UTC)
- CoinGecko (market-data, retrieved Oct 30, 2026, 07:04 PM UTC)
Market data as of Oct 30, 2026, 07:02 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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