Binance Hacked for $6.3B, Fed Holds Rates, Bitcoin Collapses to 6-Week Low: Weekly Crypto Roundup Bitcoin is experiencing significant volatility, falling to a six-week low of $76,400 after a major Binance hack resulted in losses of around $6.3 billion. The Federal Reserve's decision to halt interest rate hikes led to a temporary recovery for BTC, but overall market sentiment remained negative, with BTC down 5.1% for the week. Ripple received approval from the OCC for its national trust bank, while Treasury issued a warning about potential compromises to its hardware wallets, and Polymarket reported user losses of $2.6 million.

Binance Hacked for $6.3B, Fed Holds Rates, Bitcoin Collapses to 6-Week Low: Weekly Crypto Roundup Bitcoin is experiencing significant volatility, falling to a six-week low of $76,400 after a major Binance hack resulted in losses of around $6.3 billion. The Federal Reserve's decision to halt interest rate hikes led to a temporary recovery for BTC, but overall market sentiment remained negative, with BTC down 5.1% for the week. Ripple received approval from the OCC for its national trust bank, while Treasury issued a warning about potential compromises to its hardware wallets, and Polymarket reported user losses of $2.6 million.