Bitcoin has largely stabilized after a $6.3 billion hack involving Binance. Bitwise’s Matt Hougan said the attack would not derail Bitcoin’s trajectory, citing an analysis that found no consistent price response following major crypto hacks. Bitcoin fell nearly 4% on Friday after the attack, broadly tracking the Nasdaq 100’s 3% decline. The hackers breached Binance, not the Bitcoin blockchain. Hougan said improvements to custody infrastructure could reduce market disruption from future hacks, though AI-driven cyberattacks remain a threat.