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Monero hits record monthly close as Bitcoin falls after $6.3 billion Binance hack
Hackers stole $6.3 billion from Binance, causing Bitcoin to drop to a six‑week low of $76,368 and Ether to a two‑month low. Meanwhile Monero rose about 12% in October, closing around $599, its highest monthly close ever. The article notes Monero’s privacy features, regulatory risks, and its breakout above the $450‑$475 resistance zone established since 2018.