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Binance hack $6.3B and Bitcoin drops to six‑week low

Binance confirmed a hack resulting in approximately $6.3 billion in losses, the largest in crypto history, while Tether froze about $3 billion. Bitcoin fell to a six‑week low around $79,100 before briefly rebounding above $80,000, later slipping to $80,500 after the Federal Reserve held rates steady. Ethereum, Ripple, Cardano, Binance Coin and Hyperliquid also saw price action amid the market turmoil.

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