$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain

Crypto Insight Summary: Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under pressure before finding a base. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: A suspected $6.3B hack and exploit triggered heavy selling, with further downside expected before stabilization.