Bitcoin Price Holds Near $77,000 After Binance Hack
Published on 10/31/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBitcoin Faces Fresh Security Pressure
- Bitcoin traded at 77,374.3 USD on Investing.com at 11:06:23 Berlin time on October 31, 2026.
- Reuters reported that Binance pledged to cover losses after a 6.3 billion USD hack, while Bitcoin reached a six-week low of 76,368 USD.
- Bitcoin Core disclosed three vulnerabilities after fixes were released, including flaws that could crash or exhaust the memory of some nodes.
The Bitcoin price remains below 80,000 USD after a record security incident at Binance and fresh disclosures about vulnerabilities in Bitcoin Core. Investing.com showed Bitcoin at 77,374.3 USD at 11:06:23 Berlin time on October 31, 2026. The page listed Bitcoin as BTC/USD in USD and showed a 52-week range of 57,832.5 to 111,229.8 USD.
Binance Hack Raises Exchange Risk
Reuters reported on October 30 that hackers stole 6.3 billion USD from Binance, the world's largest cryptocurrency exchange. Binance said it would cover the losses with company funds and that customer funds were safe. The exchange also said it was working with partners to freeze affected assets; Reuters reported that around 3 billion USD had been located at that point.
According to Reuters, Bitcoin reached a six-week low of 76,368 USD as crypto prices fell after the news and later stabilized. The report said Binance was targeting a resumption of withdrawal services within approximately 34 hours and planned an initial proof-of-reserves snapshot.
Core Disclosure Targets Node Operators
Bitcoin Core disclosed three vulnerabilities on October 28 after fixes had shipped. CoinDesk reported that one flaw could allow a connected attacker to flood a node running Windows, macOS or BSD with data until it ran out of memory and crashed. Another issue could allow memory usage to grow gradually, while a third could corrupt undo files used during blockchain reorganizations under extreme conditions.
The fixes were released for Bitcoin Core versions 29.5, 30.4, 31.2 and 32.1. CoinDesk said the vulnerabilities were found through an automated language-model scan and verified by human contributors. The disclosures concern the operation of full nodes; they do not indicate that private keys or coins held by ordinary exchange, hardware or light-wallet users were compromised.
What Bitcoin Holders Should Watch
The Bitcoin price is therefore being assessed against two different risks: centralized-exchange custody and the maintenance of decentralized network infrastructure. The Binance incident may affect risk appetite around custodial platforms, while the Bitcoin Core fixes give node operators a concrete software-update task. Neither development by itself establishes a new trend for Bitcoin's long-term valuation.
Investors should distinguish the live market reading from the dated event information. Bitcoin trades continuously, while the Binance breach occurred on October 29 and the Core disclosures were published on October 28. Further price analysis should use a matching UTC daily close rather than a rolling 24-hour change.
More Bitcoin coverage is available on the Bitcoin topic page.
