Bitcoin price has fallen nearly 2% over the past 24 hours to $78,420, as a multibillion-dollar security breach at Binance triggered selling across crypto markets and wiped out more than $1.5 billion in...
Summary
- Bitcoin price has fallen nearly 2% over the past 24 hours to $78,420, as a multibillion-dollar security breach at Binance triggered selling across crypto markets and wiped out more than $1.5 billion in leveraged trading positions.
- Summary Bitcoin fell 2.08% to $78,419.97 as news of the Binance security breach weighed on the cryptocurrency market.
- The sell-off triggered approximately $1.54 billion in crypto liquidations, including $1.3 billion in long positions.
- The Federal Reserve held rates at 3.75%–4%, with two officials favoring an increase.
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