Bitcoin Falls Below $77,000 as $6.3B Binance Breach Deepens Crypto Selloff

TL;DR Bitcoin fell below $77,000 as the $6.3 billion Binance breach intensified a broader crypto selloff, before recovering from an overnight low near $76,400. Crypto futures liquidations reached about $1.57 billion, with Bitcoin and Ether accounting for more than half, while falling open interest pointed to widespread position closures. Options traders turned defensive as put demand increased, while analysts highlighted $73,000 as potential support if further selling develops from current levels. Bitcoin fell below $77,000 as the $6.3 billion Binance security breach intensified an already broad crypto selloff , reaching an overnight low near $76,400 before partially recovering. A later market reading placed BTC near $77,405 , down about 3.2% over 24 hours.

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