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Bitcoin, Ether and XRP Slide as Liquidations Top $1.5B After Binance Hack

Bitcoin, Ether and XRP Slide as Liquidations Top $1.5B After Binance Hack
Source: altcoinbuzz.io

Bitcoin fell below $77,000 on Thursday, and more than $1.5 billion in leveraged crypto bets were wiped out over 24 hours. The selloff came as Binance dealt with a hack that it estimated had affected about...

Summary

  • Bitcoin fell below $77,000 on Thursday, and more than $1.5 billion in leveraged crypto bets were wiped out over 24 hours.
  • The selloff came as Binance dealt with a hack that it estimated had affected about $6.3 billion in crypto assets.
  • By Friday morning the market had clawed some of it back, with Bitcoin returning toward $78,500 and Ether trading around $2,240.
  • Published figures range from about $1.21 to $1.26, and neither has been confirmed yet.
Read the full story on altcoinbuzz.io

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