The fallout from a $6.3 billion hack at Binance, the world’s largest cryptocurrency exchange, hammered crypto-related stocks on U.S. markets. Combined with Coinbase’s weak third-quarter revenue, investor sentiment has rapidly frozen over.

According to Investing.com data on Nov. 2, U.S. crypto exchange Coinbase (COIN) closed at $143.54 on Oct. 30 (local time), down 10.62% from the prior trading day. On the same day, stablecoin issuer Circle (CRCL) closed down 9.31% at $72.54, and Bitcoin treasury company Strategy (MSTR) fell 7.84% to $130.51. Bitcoin mining and data center operator IREN dropped 8.76% to $23.95, while blockchain financial services firm Figure Technology Solutions (FIGR) fell 8.52% to $21.58.

The Binance incident was the…