Anthony Pompliano: Bitcoin’s resilience after a $6B Binance hack
Anthony Pompliano said a $6 billion Binance hack only caused a 5% Bitcoin sell‑off, highlighting market health.

Data: Polymarket, updated every minute. · Ends Nov 3, 2026
What price will Bitcoin hit on November 2?
Resolution source: binance.com/en/trade/BTC_USDT
Anthony Pompliano said a $6 billion Binance hack only caused a 5% Bitcoin sell‑off, highlighting market health.
Ripple unlocked 1 billion XRP from escrow on November 1, worth about $1.25 billion, but the net impact on circulating supply remains unclear as the company may return a large portion to escrow.
Binance founder Changpeng Zhao thanked US law‑enforcement for their role in preventing a Bitcoin price drop.
Despite a 7.3% price drop, Bitcoin miners generated $1.215 billion in October, the highest monthly revenue since November 2025, while hashprice slid to $33.18 per PH/s.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG.
Bitcoin remained resilient near $77,000 following the largest crypto hack in history, as the Binance breach resulted in a $6 billion loss.
Bitcoin finished October down 7.32%, its weakest monthly performance in 12 years, as a major security breach at Binance and ETF outflows weighed on prices.