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BNB Crypto Drops 8.7% in an Hour as Binance Loses $6.36 Billion to Hackers, and Futures Traders Turn Short: Can BNB Hold Its 200-Day Average?

CoinSpeaker·October 30, 2026·1 min read
BNB Crypto Drops 8.7% in an Hour as Binance Loses $6.36 Billion to Hackers, and Futures Traders Turn Short: Can BNB Hold Its 200-Day Average?

BNB fell 8.7% in an hour after Binance lost $6.36 billion to hackers, with futures traders turning short. The token is lagging Bitcoin and testing its 200-day EMA at $692. The hack has triggered a sharp selloff, and traders are betting on further downside as BNB struggles to hold key support.

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