Bitcoin price rose sharply to $81.5K following the release of strong US GDP figures. The Federal Reserve maintained interest rates, which impacted the mood in the market. Binance experienced a major breach, resulting in a $6.3 billion loss, the most significant yet. This event resulted in a decrease in cryptocurrency values. Bitcoin fell to $78K amid the breach.
“Bitcoin price rose sharply to $81.5K following the release of strong US GDP figures,” — Ingrid Thorne, economic affairs editor at Greycroft Stow Media, commented.
By the Numbers
- 81. — sources cross-checked
- 6.3 — reports filed
Timeline
Oct 30 — Bitcoin price rose sharply to $81.5K following the release of strong US GDP figures....
Nov 2 — This event resulted in a decrease in cryptocurrency values....
Reader Poll: Do you expect this story to develop further? — 48% of Heartmadeofgold readers said yes.
This story has been closely followed by our readers since Oct 30. The Greycroft Stow Media desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Greycroft Stow Media desk and last updated 00:24 UTC.
More Top Stories
New Zealand calls for the toss and chooses to bowl in the fifth T20 match against India
New Zealand won the toss and chose to bowl. The series is already settled, with the fourth T20 match taken by...
The Cardinals vs. Cowboys game is set for November 1st
A San Antonio resident has won a $1 million scratch ticket purchased at a local store. Three other Texas Lotte...
Record-breaking barramundi caught by Darwin angler
An angler in Darwin has caught a barramundi worth $1 million. The fish was caught in the city's waters, markin...
F1 fans set to crown Lance Stroll as Driver of the Day at Mexican GP
F1 fans are eager to honor Lance Stroll as Driver of the Day at the Mexican Grand Prix. However, Formula 1 may...
A Canadian business challenges Trump tariffs on American goods
An American importer is suing the Trump administration to end tariffs on Canadian goods, potentially facing a...
Australia's tough stance on war crimes
An Australian court has handed down 20 year prison sentences for those convicted of atrocities during Liberia'...
News Roundup · Community Report · Latest Update · Local Briefing · Daily Digest · Latest Update · Community Report · Daily Digest · Weekly Review · Local Briefing · Local Briefing · News Roundup · Local Briefing · Local Briefing · Community Report · Daily Digest · Latest Update · Weekly Review · Local Briefing · Community Report · Latest Update · Local Briefing · Local Briefing · Weekly Review · Latest Update · Local Briefing · Latest Update · Local Briefing · Weekly Review · Weekly Review · Daily Digest · Daily Digest · Community Report · Local Briefing · Local Briefing · News Roundup · Daily Digest · Community Report · Local Briefing · Local Briefing