# Crypto Weekly: Binance Hack Deepens Crypto Rout as Market Cap Falls to $2.7T

- Source: Bitcoin News
- Published: 2026-11-01T21:30:25+00:00
- Category: Markets
- Original: https://news.bitcoin.com/market-updates/crypto-weekly-binance-hack-deepens-crypto-rout-as-market-cap-falls-to-2-7t/
- Canonical: https://groundlevelnews.com/story/crypto-weekly-binance-hack-deepens-crypto-rout-as-market-cap-falls-to--73422a/

The cryptocurrency market ended October down 10%, with its total capitalization falling from $3 trillion to $2.7 trillion amid widespread losses. Bitcoin declined 3.3% in the final week, extending its year-to-date losses to 11%, while ethereum fell more than 15% over 30 days. Pre-Hack Weakness The cryptocurrency economy shed tens of billions of dollars in […]

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