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Binance hack triggers crypto market selloff; Bitcoin approaches $77,000
Crypto

Binance hack triggers crypto market selloff; Bitcoin approaches $77,000

Source Summary

Binance experienced a multibillion-dollar security breach, prompting a sharp decline across cryptocurrency markets. Bitcoin fell toward $77,000 and BNB dropped 8% in response to the incident.

Why it matters

A major exchange security breach directly impacts market confidence and asset valuations across the entire cryptocurrency sector.

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