Bitcoin Fork ECX Falls 76% From Peak, Bitcoin.com Reports

ECX, a bitcoin fork associated with Drivechain creator Paul Sztorc, fell 76% from its peak after its phased launch, according to Bitcoin.com News. The publication said the asset reached an all-time high of $134.97 before surrendering most of that valuation, against the backdrop of a broader cryptocurrency market downturn.

The report dates the start of the phased launch to Oct. 29, 2026, and says trading subsequently took place. The supplied excerpt does not identify the trading venues, the timing of the peak or the endpoint used to measure the decline, limiting how precisely the reported price movement can be assessed.

A decline of exactly 76% from $134.97 would imply a price of approximately $32.39 per coin. That figure is a calculation based on the report’s stated percentage, rather than an independently observed market quote, and the excerpt does not establish whether the percentage was rounded or whether that price remained available.

Bitcoin.com News said a $6.3 billion Binance hack and the subsequent market downturn largely eclipsed the ECX rollout. The provided material does not include a statement from Binance, details of the alleged breach or independent confirmation of the reported loss, so those elements remain claims attributed to the publication.

The report therefore presents two distinct developments: a sharp decline in ECX’s price and a wider market disruption that it says drew attention away from the launch. Although the excerpt connects them as part of the same market backdrop, it does not demonstrate how much of ECX’s decline resulted from broader conditions rather than factors specific to the asset.

For readers assessing the price move, the missing trading information is consequential because a peak and a percentage decline alone do not describe the full market. The excerpt supplies no trading volume, liquidity data or exchange-level pricing with which to judge how representative the high was or how broadly the subsequent valuation was reflected.

The source identifies Sztorc as Drivechain’s creator but provides no further explanation of ECX’s technical design, distribution or phased launch process. Those omissions leave the report focused on price performance and competing headlines, rather than establishing what the fork offers or how its rollout was intended to progress.

The immediate outlook cannot be established from the supplied excerpt, which contains no subsequent price update, development timetable or response from Sztorc. Further reporting would be needed to confirm ECX’s trading position, clarify the reported Binance incident and determine whether the launch’s next stages change the picture described by Bitcoin.com News.