Bitcoin price recovers toward $78K as LIT leads altcoin gains: Market watch

Bitcoin has climbed back toward $78,000 on November 1, while Lighter (LIT) has gained around 18% and several smaller cryptocurrencies have recorded double-digit moves despite relatively quiet trading among major altcoins. Bitcoin traded near $78,000 on November 1, recovering from the selling that followed Binance's $6.3 billion hack. Lighter (LIT) gained around 18% to $3.19, outperforming most major cryptocurrencies during Sunday's trading. CoinGecko data showed Dessa, dKargo and Powerledger among the strongest gainers, while FUNToken and UnifAI fell. Ethereum and BNB recorded modest gains, while Solana and XRP remained relatively quiet. Analyst Ali Martinez named INJ, SUI, NIGHT, PENGU and PROMPT among his preferred altcoins following the sell-off. According to CoinGecko, Bitcoin traded near $78,000 at the time writing, gaining about 1% over 24 hours.

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