President Trump said he is looking into a reported $6.3 billion hack of Binance that intensified an existing crypto selloff, with roughly $1.5 billion in positions liquidated, mostly longs. Bitcoin fell on October 29 and 30 to about $76,140, its lowest level since around September 17, before stabilizing above $77,000; it traded at $77,255 at 1:00 p.m. EST, down 4.7% on the day. The broader crypto market fell 3.6% in 24 hours to about $2.68 trillion, or $160 billion in capitalization, while analysts including X user Quinten said the incident had not produced broader contagion. Binance initially attributed the breach to a compromised DevOps engineer's laptop, later identified additional breach points and said it would cover losses. About $3 billion in affected assets was frozen, including more than $2.3 billion in USDT, USDC, RLUSD and USD1 by stablecoin issuers and other platforms. Binance cited $1 billion in its SAFU reserve and more than $2 billion it promised itself. THORChain's native token RUNE rose more than 15% as the network processed $62.08 million in mainnet swaps and $94 million through bridges, drawing scrutiny because funds linked to the Binance incident were commingled at an address that also received $388 million from the Bitget incident after passing through THORChain. RUNE's daily trading volume rose more than 393%, although the token failed to hold above $0.70 after climbing from $0.58 to $0.723.