A $6.3 Billion Hack Tested Bitcoin’s Bull Market. 3 Signs It Passed

Crypto Insight Summary: The largest crypto hack on record hit Binance last week. Bitcoin’s (BTC) charts, however, show little sign of a broken bull market. Three signals point that way, from the weekly close to monthly momentum. One group of investors still has reason for caution before the US midterm elections. 1. A Record Hack Met a Shallow Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: The record hack failed to break Bitcoin's bull market, suggesting limited broad market spillover.