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Daily Market Update Oct 30: Binance $6.1 Billion Hack Sends Bitcoin Toward $76,000 and Triggers $1.5 Billion in Liquidations
Bitcoin fell more than 4% to about $76,300 on Friday morning and briefly touched levels near $76,000, while Ether, BNB, XRP and Solana dropped slightly more. The selloff wiped out roughly $1.5 billion in leveraged futures positions, most of them bets on higher prices. Bitcoin traders lost $468 million and Ether traders $358 million. Binance …
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Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.
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