If Binance says user funds are safe, why did Bitcoin still fall to US$77,037.20?

e27 - Oct 30, 2026

Bitcoin fell 4.87 per cent to US$77,037.20 in 24 hours and underperformed a broadly weaker crypto sector. A confirmed security incident at Binance on October 29 triggered the drop. That shock arrived against a 65 per cent correlation with the S&P 500. Macro risk aversion had already set a defensive tone. The result was a […] The post If Binance says user funds are safe, why did Bitcoin still fall to US$77,037.20? appeared first on e27.

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