Update
Cryptocurrency Prices Plunge After Binance Incident
The cryptocurrency market has experienced significant declines following a $6.3 billion hack of Binance. Bitcoin (BTC) has dropped to a six-week low around $76,700, with analysts suggesting potential buying opportunities if it reaches the 200-day moving average near $73,000. Ethereum (ETH) has fallen below $2,200, with predictions of a possible drop to $2,000. Ripple (XRP) is trading near $1.23 and may face deeper corrections if it fails to reclaim mid-range support at $1.25.