Dollar Holds, Crypto Reels From Reported Binance Heist

A reported $6.3 billion theft at Binance left bitcoin and ether absorbing losses, with bitcoin near $78,000 inside a $77,600–$78,500 range. The U.S. dollar and major currencies traded sideways Monday. Investors watched Tuesday's midterm elections, Friday's October nonfarm payrolls report, and central-bank rate decisions in the UK, Australia, Norway and Sweden. The euro sat near a 17-month low of $1.1159 after Fitch on Friday cut France's outlook to negative from stable. Stock futures ticked higher overnight Sunday ahead of election week. Global crypto market cap stood at $2.693 trillion, down 0.50% in 24 hours. Ali Martinez said that if history repeats itself, BTC could be heading to another significant correction. Michaël van de Poppe said he believes the midterms are already priced into the markets and are going to be a non-event. Center and right outlets tracked the same currency calm and crypto strain; no left-rated coverage has appeared.