CZ responds to Bitcoin's resilience: Traditional market downturns typically drag down the crypto market, but Bitcoin has shown remarkable resilience.

BlockBeats news, October 30: Binance founder CZ responded to a community user's comment on Bitcoin's resilience, saying that considering the significant declines in traditional financial markets today, which exceeded those in the crypto market, Bitcoin's performance is quite surprising. Declines in traditional financial markets typically drag down the crypto market, as investors tend to sell off assets and hoard cash, but this time Bitcoin has shown remarkable resilience.

Previously, a community user noted that if the world's largest cryptocurrency trading platform had suffered a hack of over $6 billion, Bitcoin's price was originally expected to take a severe hit, but its daily decline was only about 3%, suggesting the market bottom may be near.