Bitcoin price rose sharply to $81.5K following positive US GDP data. The Federal Reserve kept interest rates unchanged, which impacted the mood in the market. Binance suffered a significant hack, resulting in a $6.3 billion loss, the biggest ever recorded. This event caused crypto markets to decline. Bitcoin fell to $78K amid the breach.
“Bitcoin price rose sharply to $81.5K following positive US GDP data,” — Andreas Mercer, economic affairs editor at Newwell Bury Analytics, noted.
By the Numbers
- 81. — updates logged
- 6.3 — regions covered
Timeline
Oct 28 — Bitcoin price rose sharply to $81.5K following positive US GDP data....
Oct 30 — This event caused crypto markets to decline....
Reader Poll: Do you expect this story to develop further? — 64% of Masterbbfs readers said yes.
This story has been closely followed by our readers since Oct 28. The Newwell Bury Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Newwell Bury Analytics desk and last updated 13:29 UTC.
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