1 min read
Add as a preferred source on Google

Fitch Says Bitcoin Showed Greater Resilience During the Binance Hack

Fitch linked the response to a diversified trading ecosystem that reduces Bitcoin’s dependence on any single exchange.

Mentioned assets
A gold coin rests on a bridge supported by several piers / TokenPost.ai
A gold coin rests on a bridge supported by several piers / TokenPost.ai

Fitch Ratings said Bitcoin (BTC) showed greater resilience during the Binance hack than in past incidents, linking the response to a more diversified trading ecosystem.

The agency said that ecosystem reduces Bitcoin’s dependence on any single exchange.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…