Bitcoin holds above $76,000 following $6.3 billion Binance hack and $1.56 billion in liquidations
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Bitcoin held above $76,000 as total crypto market liquidations reached $1.56 billion over 24 hours, driven by long positions accounting for $1.31 billion. The drop followed a $6.3 billion hack of Binance, which reported a complex security breach. Binance stated all user losses will be covered by its SAFU fund and company resources. Meanwhile, macro pressure mounted as Alphabet shares fell 13% to $282 after missing earnings and revenue targets, and Intel shares plunged 26% premarket.
Continue in the app — vote & join in ➔Source: Cointelegraph · via ahirlevel.hu