Binance halted withdrawals after a $6.3bn hack, that is believed to be the largest ever. Bitcoin market outlook suggests a 35% drop from its all-time high. Bitcoin may reach $90,000 by year-end and $150,000 in 2027. The crypto industry is facing uncertainty following the major hack.
“Bitcoin market outlook suggests a 35% drop from its all-time high,” — Hugo Halloway, research director at Elmley Worth Group, added during the briefing.
By the Numbers
- 6. — reports filed
- 35 — mentions tracked
- 90,000 — updates logged
Timeline
Oct 28 — Binance halted withdrawals after a $6.3bn hack, that is believed to be the largest ever....
Oct 30 — The crypto industry is facing uncertainty following the major hack....
Reader Poll: Has this affected your local community? — 83% of Goreigocom readers said yes.
This story has been closely followed by our readers since Oct 27. The Elmley Worth Group desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Elmley Worth Group desk and last updated 13:12 UTC.
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