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Bitcoin, Ether and the broader crypto market took a dive as Binance suffered a multibillion-dollar hack.
Key facts
Cryptocurrency markets extended their decline early Friday following the Binance hack, with BNB down more than 8% over 24 hours and Bitcoin trading near $77,000
Bitcoin traded below $77,000 as BNB fell 8% over 24 hours
BNB, the native token of BNB Chain, traded near $693, down around 8.2%, according to CoinGecko data at the time of writing
Bitcoin, Ether and the broader crypto market took a dive as Binance suffered a multibillion-dollar hack
Summary
Update, Oct. 30 at 1:19 am UTC:. Cryptocurrency markets extended their decline early Friday following the Binance hack, with BNB down more than 8% over 24 hours and Bitcoin trading near $77,000. BNB, the native token of BNB Chain, traded near $693, down around 8.2%, according to CoinGecko data at the time of writing. Binance pledged to cover all losses from the hack and suspended all deposits and withdrawals while conducting security checks.