Bitcoin holds near $78K as Binance withdrawals resume after hack

Bitcoin traded near $78,000 at the time of this writing, on November 2, holding above Friday’s lows as Binance customers regained access to withdrawals. Its price was around $78,021, down 0.43% in the ongoing session at the time of this writing. This small recovery follows a challenging close to October. On October 30, Crypto ETFs tracking U.S. BTC spots registered $643.33 million in net outflows, while Binance's reopening saw withdrawals of billions of dollars from customers. Customers move funds as Binance reopens On November 1, Binance started restoring withdrawals in increments after the attack a few days before, on October 29. Starting over with a few networks and assets slowly, then restoring more services after further security checks.

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