# Coinbase, Bitcoin Giant Strategy Fall as Binance Hack Rocks Crypto Stocks

- Source: Bitcoin News
- Published: 2026-10-30T15:26:13+00:00
- Category: Markets
- Original: https://news.bitcoin.com/market-updates/coinbase-bitcoin-giant-strategy-fall-binance-hack-rocks-crypto-stocks/
- Canonical: https://groundlevelnews.com/story/coinbase-bitcoin-giant-strategy-fall-as-binance-hack-rocks-crypto-stoc-b0e587/

Crypto-linked stocks plunged Friday as a multibillion-dollar Binance security breach collided with a broader technology selloff driven by concerns over AI spending. Coinbase dropped more than 12% and Strategy fell 6%, even after both companies reported quarterly profits on Thursday night. Binance Hack Adds a Crypto-Specific Shock Crypto stocks are being hit from both sides. […]

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