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What Happens to Bitcoin After a Giant Crypto Hack? Six Major Hacks: Day, Week, Month, Year

Oct 29, 2026

We checked bitcoin's price after six major crypto hacks, from Mt. Gox in 2014 to Bitget in 2026. On the day of the news it mostly moved less than 3%: about -2% after Bybit's record $1.5 billion theft, but more than -10% after Bitfinex, where bitcoin itself was stolen. A month later bitcoin was lower after all six, by up to about 22%. A year later it was higher only once in five, after Bitfinex in 2016, and bitcoin had already risen about 40% that year before the hack. So no: the hacks did not start bull runs.

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