Bitcoin.com News reports that Bitcoin has maintained its position above the 50-week moving average for the seventh week, despite the recent $6.3 billion hack of Binance. Glassnode suggests that even a decline to $75,800 may not disrupt the overall technical setup for Bitcoin. This resilience occurs amid ongoing volatility in the crypto market.
AI-assisted source briefing. Based on the Bitcoin.com News report; not independently verified.
Source published: Mon, 02 Nov 2026 13:30:20 +0000
[Read the original report](https://news.bitcoin.com/market-updates/bitcoin-price-holds-50-week-trend-despite-6-3b-binance-hack/)
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