GBTC is trading at $58.89, with a -5.71% change, as digital assets sold off after Binance disclosed a major security breach and temporarily suspended withdrawals.
- Binance estimated the incident’s impact at $6.3 billion and said it would cover losses.
- Reports said Bitcoin fell below $77,000, intensifying risk aversion and pressure on the Bitcoin-tracking fund.
- Liquidations added to crypto-market selling, while Binance was working to resume withdrawals.