Why bitcoin held up better after the record Binance hack

What happened: Bitcoin was trading down about 4% on Friday afternoon, less than a day after the biggest crypto hack in history, the record Binance hack. Key numbers: Bitcoin down about 4% on Friday afternoon. Why it matters: The article frames bitcoin's decline as holding up better than might be expected following the largest crypto hack on record. Coverage: 8 outlets in 24h

Bitcoin was trading down about 4% on Friday afternoon, less than a day after the biggest crypto hack in history, the record Binance hack.

The article frames bitcoin's decline as holding up better than might be expected following the largest crypto hack on record.