Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

HacksBitcoin.com NewsFiled 5 h ago

Bitcoin Fork ECX Price Crashes 76% From Peak as Binance Hack Steals Spotlight

Open the sourceReported by Bitcoin.com News, news.bitcoin.com, 4 November 2026, by Jamie Redman
Impact 30 of 100, routine

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

ECX, the Bitcoin fork launched by Drivechain creator Paul Sztorc on Oct. 29, 2026, has fallen 76% from its all-time high of $134.97 per coin, with the phased rollout and subsequent trading overshadowed by a $6.3 billion Binance hack and a broader crypto market downturn. The token’s slide came as the exchange exploit dominated attention and weighed on digital-asset sentiment across the market. The episode highlights how difficult it is for new forked assets to establish price discovery when a major exchange shock absorbs liquidity and trader focus. Market participants will watch whether ECX can stabilize once the Binance fallout fades and whether trading volume and liquidity return to the fledgling asset.

Muhabbit's AI wrote this summary in its own words from Bitcoin.com News's report. It can get details wrong, so check the source.

Named in this story

ECX, Binance, Paul Sztorc, Drivechain