XRP holds at $1.25 despite reported Binance hack, DonAlt cites bullish signal

XRP traded at $1.25 at 12:13 UTC on November 1, according to CoinGecko market data. This price action followed reports from U.Today that North Korean hackers carried out an attack on Binance, with limited immediate selling pressure seen in major cryptocurrencies such as XRP and Bitcoin . DonAlt, a well-known cryptocurrency analyst, argued that the subdued market response to negative news could signal underlying strength. U.Today described DonAlt as having previously predicted a significant XRP rally and quoted him calling the current market setup “hard to be a bear.” The analyst pointed to the market’s collective resilience, referencing past episodes where sharp sell-offs led to significant recoveries. However, he noted that previous outcomes do not guarantee repetition.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.