Crypto Weekly: Binance Hack Deepens Crypto Rout as Market Cap Falls to $2.7T

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November 1, 2026 · 9:30 PM

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 […]

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