BITO is trading at $10.38, down 3.62%, as reports of a major Binance security breach, suspended withdrawals, and frozen assets intensified crypto-market selling.
- Bitcoin fell to a six-week low below $77,000.
- More than $1.5 billion in leveraged crypto positions were liquidated, adding pressure across digital assets.
- Weak U.S. equity futures and broader risk-off sentiment added to overnight headwinds.