Bitcoin has dropped below $78,000, with losses driven by a security scare at Binance. The exchange paused $3.5 billion of assets, triggering concerns of a suspected hack. Reports from Yahoo Finance Australia and AFR highlighted the drop in Bitcoin prices. The hawkish Federal Reserve and hotter inflation data also impacted the market, keeping Bitcoin stable at $80,000. CNBC and Reuters stated the decline, while Investing.com noted the hawkish Fed and inflation data.
“Bitcoin has dropped below $78,000, with losses driven by a security scare at Binance,” — Hugo Halloway, policy watcher at Greenstone Ford Practice, told our newsroom.
By the Numbers
- 78,000 — regions covered
- 3.5 — data points verified
- 80,000 — sources cross-checked
Timeline
Oct 27 — Bitcoin has dropped below $78,000, with losses driven by a security scare at Binance....
Oct 30 — CNBC and Reuters stated the decline, while Investing.com noted the hawkish Fed and inflation data....
Reader Poll: Will this story shape the week ahead? — 67% of Opgbiosolutions readers said yes.
This story has been closely followed by our readers since Oct 26. The Greenstone Ford Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Sunday, Nov 1.
Editor's note: this report was prepared by the Greenstone Ford Practice desk and last updated 04:58 UTC.
More Top Stories
Helen Mirren's Youthful Bixie Captivates at 81
Helen Mirren, 81, continues to enchant with her chic bixie. She has revived it with a gentle fringe. The style...
The Impact of Recent Changes in Investment Funds
Seek is fine tuning its tech investment fund, which generates an annual management fee of $17 million. Regal r...
Bertrand's triumph on Cyril Féraud's show evokes strong feelings
Bertrand, the new champion on Cyril Féraud's show Tout le monde veut prendre sa place on France 2, has receive...
A man has been charged for allegedly assaulting Brisbane Airport staff and destroying equipment
A man has been charged after allegedly assaulting the airport staff and destroying equipment. Cabin crew were...
Passengers evacuated as Villa Vie Odyssey's cruise operations halt
Hundreds of guests were asked to leave in Cambodia as Villa Vie Odyssey's endless world cruise suspended opera...
Zimbabwe Women were beaten by India Women
The India Women's cricket team defeated Zimbabwe Women in the third ODI. Vaishnavi achieved a double strike. D...
Community Report · News Roundup · Local Briefing · Local Briefing · Community Report · Daily Digest · Local Briefing · Community Report · Weekly Review · Local Briefing · Community Report · Weekly Review · Local Briefing · News Roundup · Local Briefing · Local Briefing · Latest Update · Daily Digest · Community Report · News Roundup · Latest Update · Community Report · News Roundup · Weekly Review · Latest Update · Latest Update · News Roundup · Latest Update · Weekly Review · Daily Digest · News Roundup · News Roundup · Local Briefing · News Roundup · Latest Update · News Roundup · Daily Digest · Daily Digest · Community Report · News Roundup