CoinsAQ summary · neutral
Bitcoin Price Slides Below $79,000 as Binance Loses $5.8 Billion in Massive Hack
What happened
Bitcoin price fell below $79,000 as reports of a suspected Binance hack, with outflows of up to $5.8 billion, prompted Tether and Circle to freeze roughly $1.8 to $2.4 billion in stablecoins.
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