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Bitcoin slips below US$77,000 as Binance hack fallout keeps crypto markets on edge

Bitcoin slips below US$77,000 as Binance hack fallout keeps crypto markets on edge

On the Chain: Bitcoin slips below US$77,000 as Binance hack fallout keeps crypto markets on edge
On the Chain: Bitcoin slips below US$77,000 as Binance hack fallout keeps crypto markets on edge Proactive uses images sourced from Shutterstock

Bitcoin has slipped below US$77,000 as cryptocurrency markets remain under pressure from the fallout of the record Binance hack, heavy liquidations and renewed caution across risk assets.

Bitcoin was trading around US$76,800 on Tuesday morning, down close to 2% over 24 hours, while Ethereum eased to about US$2,250.

BNB fell towards US$700, XRP was little changed and Solana weakened more sharply, with broader crypto market sentiment remaining firmly in fear territory.

Binance fallout dominates

The market remains focused on Binance after…

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