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Binance hack stokes crypto jitters as Intel falls and AI spending fears weigh on tech

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A reported $6.3 billion hack at Binance has added to unease across the cryptocurrency market. At the same time, weak earnings outlooks and growing worries about heavy spending on artificial intelligence pushed the Nasdaq-100 tracking fund QQQ down more than 2%. Intel shares plunged amid the broader tech selloff. The article presents these developments as a combined pressure on crypto and technology stocks in the same trading session.

Read the full story at CoinDesk

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