- The Digital Asset Daily
- Posts
- The $6.3 Billion Hack Didn’t Break Bitcoin
The $6.3 Billion Hack Didn’t Break Bitcoin
Watch what happens around $74,000.
Yesterday, Binance, the world’s largest crypto exchange, suffered the biggest crypto heist on record.
Blockchain security firms have linked the $6.3 billion cyberattack to North Korean hackers.
Bitcoin sold off on the news and fell to a six-week low in the $76,000 range.
If you woke up, saw that headline and felt your stomach drop, I understand.
Ten years ago, a headline like this could make you wonder whether bitcoin itself was about to break.
Here’s what the market is telling me today…
Bitcoin Is Not the 90-Pound Weakling Anymore