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bitcoinNovember 1, 2026

FBI Links Binance Hack to North Korea, Fed Holds Rate, Bitcoin Below $77,000

FBI Links Binance Hack to North Korea, Fed Holds Rate, Bitcoin Below $77,000
The FBI has linked the $6.3 billion Binance hack to hackers from North Korea. This was one of the events that marked the past week. The US Federal Reserve kept its rate in the 3.75–4% range. Against this backdrop, bitcoin fell below $77,000. For those who hold or exchange cryptocurrency, these events set the backdrop of the week: the FBI's statement concerns a major hack, and the Fed's rate decision coincided with bitcoin dropping below that level.