Live News: Binance hack rattles crypto as Intel plunges and AI spending fears hit tech
Summary
Cryptocurrency markets faced renewed pressure following a major security breach at Binance. Meanwhile, technology stocks declined as investors grew increasingly concerned about high artificial intelligence expenditures and weak financial forecasts across the sector.
A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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