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UPDATE: Analysts say Binance’s $6.3 billion hack has not triggered broader crypto market contagion, as the exchange pledged to cover all user losses. Daily net outflows have…

Cointelegraph
Published: 2026-11-09 21:00 UTC
Collected: 2026-11-09 21:22 UTC
Original language: Not supplied by source
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🚨 UPDATE: Analysts say Binance’s $6.3 billion hack has not triggered broader crypto market contagion, as the exchange pledged to cover all user losses. Daily net outflows have fallen from $6.1 bill…

🚨 UPDATE: Analysts say Binance’s $6.3 billion hack has not triggered broader crypto market contagion, as the exchange pledged to cover all user losses. Daily net outflows have fallen from $6.1 billion to $458 million, while Bitcoin declined as much as 5.7% in the five days following the attack. Bitfinex analysts say the November 10 CPI report could help determine whether Bitcoin has reached a market bottom.

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