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Bitcoin Edges Up After Binance Hack, But Coinbase Keeps Falling

By Polaris Insights · Generated by the AI-powered Polaris Insight Engine · Published Nov 2, 2026, 7:32 AM PT · Updated Nov 2, 2026, 7:48 AM PT

The bitcoin price slid back toward Friday's crisis-driven lows on Monday afternoon following the $6. 3 billion theft from the Binance cryptocurrency exchange by what the FBI now confirms was a North Korean hacker. Meanwhile, Coinbase Global (COIN) started the session lower and has fallen further after Morgan Stanley downgraded the world's biggest bitcoin custodian and slashed its COIN stock price… Copyright ©2026 Investor's Business Daily, LLC.

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