Bitcoin Drops to $78K, THORChain Exploit, and $290M ETF Outflows: Crypto Market Recap

Bitcoin erased its weekly gains in a sharp 3% drop toward $78,000, triggering over $134M in futures liquidations and a 5% sell-off across major altcoins including Solana and XRP. THORChain halted all operations after a suspected $10–$11M cross-chain exploit sent RUNE tumbling more than 10%. Meanwhile, Bitcoin spot ETFs recorded $290M in net outflows led by BlackRock's IBIT. Here's everything you need to know about the moves shaping the crypto market in the last 24 hours.