Binance suspended withdrawals after a $6.3bn hack, which is thought to be the largest in history. Bitcoin price forecast suggests a considerable drop from its all-time high. Bitcoin might hit $90,000 by year-end and $150,000 in 2027. The crypto industry is uncertain following the large-scale hack.
“Bitcoin might hit $90,000 by year-end and $150,000 in 2027,” — Lena Ostrowski, regional editor at Cedarcroft Gate Services, commented.
By the Numbers
- 6. — updates logged
- 90,000 — regions covered
- 150,000 — data points verified
Timeline
Oct 30 — Binance suspended withdrawals after a $6.3bn hack, which is thought to be the largest in history....
Oct 30 — The crypto industry is uncertain following the large-scale hack....
Reader Poll: Do you expect this story to develop further? — 55% of Edpvrm readers said yes.
This story has been closely followed by our readers since Oct 30. The Cedarcroft Gate Services 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 Cedarcroft Gate Services desk and last updated 05:39 UTC.
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