Crypto Weekly: Binance Hack Deepens Crypto Rout as Market Cap Falls to $2.7T
The cryptocurrency market ended October down 10%, with its total capitalization falling from $3 trillion to $2.7 trillion amid widespread losses. Bitcoin declined 3.3% in the final week, extending its year-to-date losses to 11%, while ethereum fell more than 15% over 30 days. Pre-Hack Weakness The cryptocurrency economy shed tens of billions of dollars in […]
Key Takeaways
- The cryptocurrency market ended October down 10%, with its total capitalization falling from $3 trillion to $2.7 trillion amid widespread losses.
- Bitcoin declined 3.3% in the final week, extending its year-to-date losses to 11%, while ethereum fell more than 15% over 30 days.
- Pre-Hack Weakness The cryptocurrency economy shed tens of billions of dollars in […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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