SteelWater daily crypto read · 31 Oct 2026

A record $6.3 billion Binance hack sparks over $1.5 billion in forced liquidations, dragging Bitcoin below $77,000 and crypto's Fear & Greed Index down to 30.

Sentiment 30/100 (Fearful)

3 billion — reportedly the largest crypto theft ever, traced to a single compromised employee laptop. Binance briefly restricted withdrawals while investigating, with service expected back within about two days. The news hit a market already rattled by a tech-stock sell-off, including a sharp after-hours drop in Alphabet over AI spending worries.

Loading…