Bitcoin plunges to around $76,000 amid claims of a 'billions-of-dollars Binance hack' [Crypto Briefing]

[Financial News] Bitcoin plunged to around $76,000 after claims emerged that global cryptocurrency exchange Binance had suffered losses from a hack worth billions of dollars.
According to global crypto information platform CoinMarketCap, Bitcoin was trading around $76,000 at 10:20 a.m. on the 30th, down 4.95% from the previous day (over a 24-hour period). Bitcoin had been holding around $80,000, but fell to around $79,000 at about 5:35 a.m. that day and has since extended its losses.
Bitcoin is trading at around 104 million won in the Korean won market. The Korea premium is 1.28%, according to global crypto market comparison platform Cryprice.
The drop is thought to have been driven by claims in the crypto market that Binance was hacked. According to foreign media reports and other sources, signs emerged that large sums of money worth several billion dollars had moved out of wallets linked to Binance that day. Binance launched an urgent security review, and no direct impact on user assets has been confirmed so far, reports say.
A Binance spokesperson said on the 30th (local time), "We are aware of reports concerning a potential security issue and are investigating," adding, "At this stage, user funds are safe, and we will provide an update as soon as there is any new information."
In response to signs of a hacking incident at Binance, all five of South Korea's major cryptocurrency exchanges (Upbit, Bithumb, Coinone, Digital X and GOPAX) issued notices that day urging caution with withdrawals. The notices said users should exercise caution when withdrawing crypto assets to Binance, as signs of a security incident and crypto asset theft had been identified there.
CoinMarketCap's Crypto Fear and Greed Index stood at 35 that day, indicating "Fear." The index ranges from 0 to 100; readings closer to 0 are interpreted as "Extreme Fear," while those closer to 100 indicate "Extreme Greed."
At the same time, Ethereum was trading around $2,209, down 5.76% from the previous day. Ripple was trading around $1.21, down 7.83%.

[email protected] Im Sang-hyeok Reporter