Bitcoin Price After Binance Hack: Only 2% Down. What Comes Next?

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin fell only 2% after the biggest crypto hack ever drained $2.8 billion from Binance. Here are the higher and lower Bitcoin price targets now.Add as a preferred source on GoogleFollow on Google NewsThe biggest hack in the history of crypto just hit the biggest exchange in the world, and $Bitcoin dropped only 2%. A $2.8 billion hole in Binance’s hot wallet, $628 million in liquidations in a single hour, and BTC gave back less than it loses on a bad ETF-flow day. Whether that resilience holds is the question now. Here is what happened, and where the Bitcoin price can go from here.What happened to Binance?On Thursday night at 20:24 UTC, a Binance hot wallet was drained in a single transaction, with roughly $2.8 billion in ETH, stablecoins and other tokens leaving on Ethereum. Trackers put total outflows across several chains at up to $3.55 billion, which makes this the biggest crypto hack ever, well above the $1.5 billion Bybit exploit of February 2025.Binance co-founder Chang...