CNBC · 2026-11-02 01:43 UTC

Dollar rangebound ahead of U.S. midterms; bitcoin reels from crypto heist

Dollar held steady as investors awaited U.S. midterm elections; euro weakened to 17-month low after Fitch downgraded France's outlook. Bitcoin and ether declined following a $6.3 billion heist at Binance last week; customers withdrew $3.64 billion after the exchange came back online. Binance said it has covered 95% of stolen assets; analysts warn that employee security practices remain the weakest point in crypto infrastructure.

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