NEW STRAITS TIMES · 2026-11-02 01:00 UTC

Dollar rangebound ahead of US midterms; bitcoin reels from crypto heist

Dollar held steady as investors awaited US midterm elections; euro weakened after Fitch downgraded France's outlook to negative. Bitcoin and ether declined following a $6.3 billion heist at Binance last week, with the exchange recovering 95% of stolen assets after going back online. Binance customers withdrew $3.64 billion (2.1% of assets) as the exchange reopened; analysts warn crypto security relies on employee device trust as the weakest link.

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