Crypto Weekly: Binance Hack Deepens Crypto Rout as Market Cap Falls to $2.7T
Total crypto market capitalization fell from $3 trillion to $2.7 trillion over October, down about 10%, as the Binance hack deepened a sell-off. Bitcoin is down 11% year to date and Ethereum fell more than 15% over 30 days. Traders should watch whether the weakness persists after the hack-driven losses.
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