Bitcoin price is holding steady around $79,000 as focus turns to Middle East negotiations. A $6 billion Binance hack has led to a decline in Bitcoin and Ethereum prices. Bitwise has increased its long-term Bitcoin price forecast to $1.6 million by 2036, forecasting annual gains of 34%.
“A $6 billion Binance hack has led to a decline in Bitcoin and Ethereum prices,” — Nadia Ashcombe, staff writer at Norton Combe Analytics, commented.
By the Numbers
- 79,000 — regions covered
- 6 — data points verified
- 1.6 — sources cross-checked
Timeline
Nov 1 — Bitcoin price is holding steady around $79,000 as focus turns to Middle East negotiations....
Nov 2 — Bitwise has increased its long-term Bitcoin price forecast to $1.6 million by 2036, forecasting annual gains o...
This story has been closely followed by our readers since Nov 1. The Norton Combe Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Norton Combe Analytics desk and last updated 23:54 UTC.
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