ME News, Oct. 30 (UTC+8) — CZ responded to a community member’s comment about Bitcoin’s resilience, saying that given the steep losses in traditional financial markets today—which exceeded those in the crypto market—Bitcoin’s performance was quite surprising. Declines in traditional financial markets usually weigh on the crypto market, as investors tend to sell assets and hold cash, but Bitcoin showed remarkable resilience this time. Earlier, a community member said they had expected Bitcoin’s price to plunge if the world’s largest cryptocurrency exchange suffered a hack involving more than $6 billion, but it fell only about 3% that day, suggesting that the market may be nearing its bottom. (Source: ME)