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

Crypto Insight Summary: 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 […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Binance hack and a 10% monthly market-cap drop drove broad crypto losses and risk-off sentiment.