Bitcoin’s 4.27% Oct. 29 Drop Includes Hours Before Binance Hack
Photo: TokenPost
Bitcoin (BTC) fell 4.27% in the Oct. 29 UTC trading session on Coinbase Pro, but the full-day move includes nearly 20 hours before Binance’s stated time for the hot-wallet compromise. The daily decline does not isolate how much of the move followed the incident. BTC/USD opened the UTC date near $81,250 at 8 p.m. ET Oct. 28 and finished near $77,780 at 7:59 p.m. ET Oct. 29. The move follows TokenPost’s earlier comparison of Bitcoin’s post-incident decline . Binance placed the compromise at about 4:05 p.m. ET (20:05 UTC) Oct. 29.
Source: TokenPost
