Binance paused withdrawals after a $6.3bn hack, which is suspected to be the largest in history. Bitcoin market outlook suggests a significant decline from its all-time high. Bitcoin might hit $90,000 by year-end and $150,000 in 2027. The crypto industry is facing uncertainty following the major hack.
“Bitcoin might hit $90,000 by year-end and $150,000 in 2027,” — Elena Iversen, economic affairs editor at Elmstone Brook Financial, noted.
By the Numbers
- 6. — regions covered
- 90,000 — data points verified
- 150,000 — sources cross-checked
Timeline
Oct 30 — Binance paused withdrawals after a $6.3bn hack, which is suspected to be the largest in history....
Oct 31 — The crypto industry is facing uncertainty following the major hack....
Reader Poll: Do you expect this story to develop further? — 46% of Zolotarev readers said yes.
This story has been closely followed by our readers since Oct 30. The Elmstone Brook Financial 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 Elmstone Brook Financial desk and last updated 12:56 UTC.
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