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Coinbase, Bitcoin Giant Strategy Fall as Binance Hack Rocks Crypto Stocks

Source: Bitcoin News · Oct 30, 2026 15:26 UTC

The Quick Take

Crypto-linked stocks plunged Friday as a multibillion-dollar Binance security breach collided with a broader technology selloff driven by concerns over AI spending. Coinbase dropped more than 12% and Strategy fell 6%, even after both companies reported quarterly profits on Thursday night. Binance Hack Adds a Crypto-Specific Shock Crypto stocks are being hit from both sides. […]

Read the full story at Bitcoin News →

Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Bitcoin News.

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