Bitcoin slides below $77,000 as record $6.3B Binance hack rattles crypto

Bitcoin sank below $77,000 for the first time in more than a month, deepening a selloff after Binance Holdings revealed a record hack that rattled the crypto industry and renewed questions about the security of customer assets — even at the world’s largest digital-asset exchange.

The original cryptocurrency declined as much as 3.1% on Friday to fall as low as $76,300, though it slightly recovered in mid-afternoon trading in New York.