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Binance Hack Worth Billions and Intel and Amazon Crash Push Bitcoin Below $77,000
Bitcoin fell more than 5.0% and
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Bitcoin fell more than 5.0% and briefly dropped below $77,000; Ether lost about 5.7%. The market received a double blow. First, weak earnings from major U.S. companies sent the S&P 500 down, along with Bitcoin. The second was the report of a hack at one of the world's largest exchanges, Binance.Starting with stocks: Intel reported earnings above expectations but issued weak guidance for Q4. Revenue is expected to be $15–16 billion, while analysts had expected roughly $17 billion. Intel shares
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Miroslaw Bawulski,
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Maxim Magdalinin
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