Bitcoin price surged significantly to $81.5K following the release of strong US GDP figures. The Federal Reserve kept interest rates unchanged, which affected market sentiment. Binance experienced a major breach, resulting in a $6.3 billion loss, the biggest ever recorded. This event resulted in a decrease in cryptocurrency values. Bitcoin slid to $78K amid the breach.
“Bitcoin price surged significantly to $81.5K following the release of strong US GDP figures,” — Owen Marlowe, regional editor at Copley Worth Advisory, commented.
By the Numbers
- 81. — updates logged
- 6.3 — regions covered
Timeline
Oct 28 — Bitcoin price surged significantly to $81.5K following the release of strong US GDP figures....
Oct 29 — This event resulted in a decrease in cryptocurrency values....
Reader Poll: Do you expect this story to develop further? — 46% of Hzplive readers said yes.
This story has been closely followed by our readers since Oct 27. The Copley Worth Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Monday, Nov 2.
Editor's note: this report was prepared by the Copley Worth Advisory desk and last updated 12:32 UTC.
More Top Stories
Lynsi Snyder Reveals In-N-Out Burger's Expansion Plans
Lynsi Snyder, the CEO of In N Out Burger, has identified Arkansas, Mississippi, and Oklahoma as potential stat...
Obama and Trump's campaign feud heats up
Former President Obama and President Trump continued their campaign feud on Thursday. Obama compared Trump's r...
Milwaukee Brewers take a commanding 3-0 lead
The Milwaukee Brewers widened their gap to 3 0 with a 3 0 win over the Tampa Bay Rays in Game 3. The Brewers s...
Hayden Panettiere's death investigated and ruled accidental by South Carolina police
Hayden Panettiere's death has been ruled unintentional by South Carolina police, concluding the investigation....
Lily Allen's electrifying show at TikTok Entertainment Centre
Lily Allen put on a show at the TikTok Entertainment Centre in Melbourne. Her concert was notable for her musi...
Authorities seize massive amounts of illegal tobacco and alcohol in Tarn-et-Garonne and Valence
Authorities in Tarn et Garonne and Valence have seized large amounts of contraband tobacco and alcohol. In Bea...
Community Report · News Roundup · Daily Digest · Weekly Review · Weekly Review · Weekly Review · Latest Update · Daily Digest · Community Report · Latest Update · Latest Update · Community Report · Community Report · Latest Update · Local Briefing · Community Report · Community Report · Weekly Review · Daily Digest · News Roundup · Local Briefing · Community Report · Local Briefing · Daily Digest · Community Report · Latest Update · Weekly Review · News Roundup · Latest Update · Weekly Review · Weekly Review · Weekly Review · Daily Digest · Community Report · Community Report · Latest Update · Local Briefing · Latest Update · Weekly Review · Daily Digest