Binance’s Zhao and Musk Exchange Memes Amid Weak Crypto Markets
Changpeng Zhao answered an Elon Musk meme as Bitcoin retreated and the broader crypto market remained subdued.
Changpeng Zhao answered an Elon Musk meme as Bitcoin retreated and the broader crypto market remained subdued. Bitcoin (BTC) is trading at ₹71,70,728 ($75,851.00). This is an original Token Times brief based on reporting by CoinEdition, with live market data added, as of Sat, 07 Nov 2026 01:00:01 UTC.
The renewed dispute puts Binance’s founder and a prominent crypto-linked technology figure in the spotlight while major assets remain under pressure. The exchange itself is not presented as a market catalyst, but its timing raises questions about separating online attention from the broader factors weighing on crypto sentiment.
- Zhao responded to Musk with a meme on November 6.
- Bitcoin fell 0.49% over 24 hours and 1.41% over seven days.
- Dogecoin gained 1.19% daily but remained down 4.23% weekly.
- Crypto sentiment stayed at 25, labelled Extreme Fear.
Changpeng Zhao and Elon Musk resumed their public disagreement on X on November 6, with Zhao responding to Musk with a meme after the technology entrepreneur posted an image depicting the Binance founder. CoinEdition and The Coin Republic both identify the exchange as a continuation of an earlier feud. Neither account provides a market-moving operational development involving Binance or a stated change to the reported security incident.
CoinEdition links the renewed clash to a reported $6.3 billion Binance security breach, although that figure and its role in the feud appear only in that outlet’s supplied coverage. The Coin Republic separately reports that Musk also shared a grimacing emoji in an exchange with 
Dogecoin co-founder Billy Markus. The differing details broaden the public back-and-forth but do not establish that the posts changed trading conditions or company policy.
The supplied CryptoNews coverage emphasizes a separate Musk-associated scenario: Grok was described as imagining a coordinated announcement that could trigger an unusually large 
Bitcoin re-rating before January 1, 2027. That was presented as a hypothetical catalyst, not a confirmed event. CryptoNews does not offer another version of the Zhao-Musk meme exchange, while The Coin Republic focuses more directly on the posts and Bitcoin’s reversal after briefly trading above $80,000 following the US midterm elections.
Live market data show broader caution rather than a broad-based rally. Bitcoin stands at $75,818, down 0.49% over 24 hours and 1.41% over seven days, with a $1.52 trillion market capitalization. The total crypto market is valued at $2.61 trillion and is described as flat, while the Fear & Greed index is 25, or Extreme Fear. These readings provide context for the subdued conditions referenced by the outlets without attributing the market moves to the social-media exchange.
Dogecoin, another asset closely associated with the personalities involved in the feud, trades at $0.07235. It is up 1.19% over 24 hours but down 4.23% over the past seven days, and its market capitalization is $11.33 billion. The relevant developments to monitor are whether the online exchange continues and whether Bitcoin can hold above its recent recovery level near $80,000; the supplied coverage does not predict either outcome or identify the feud as the cause of market performance.
Since this brief published about 10 hours ago, Bitcoin (BTC) has moved from ₹71,67,608.62$75,818.00 to ₹71,70,728.34$75,851.00 — +0.04%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹7.69M (about $75,851.00), down 0.5% over 24 hours. The rupee itself trades about 7.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Binance’s Zhao and Musk Exchange Memes Amid Weak Crypto Mark — questions & answers
What sparked the latest Zhao-Musk exchange?
Zhao answered a Musk meme on X on November 6. CoinEdition says the feud followed a reported $6.3 billion Binance security breach, while The Coin Republic notes an earlier exchange involving Billy Markus.
Was the reported Binance breach independently confirmed?
The supplied coverage does not provide independent confirmation. The $6.3 billion figure appears only in CoinEdition’s account, which describes the breach as reported.
How are Bitcoin and Dogecoin trading now?
Bitcoin is $75,818, down 0.49% over 24 hours and 1.41% over seven days. Dogecoin is $0.07235, up 1.19% daily but down 4.23% weekly.
How much is 1 Bitcoin worth in rupee today?
About ₹7.69M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $75,851.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CoinEdition. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.