Bitcoin Price Recovery: $78K in Sight as LIT Surges 18%

TLDR Bitcoin price recovery put $78,000 back in focus on November 1 as the market steadied after last week’s sell-off. Lighter’s LIT token jumped roughly 18%, while modest moves in major cryptocurrencies contrasted with sharp gains and losses among smaller assets. Bitcoin moved closer to $78,000 on Sunday, offering some relief after a difficult week for cryptocurrency markets. The rebound followed selling pressure linked to the reported $6.3 billion Binance breach, although the latest gains had not erased Bitcoin’s weekly losses. According to data from CoinGecko, BTC gained approximately 1% over 24 hours. Its trading range stretched from $77,303 to $78,134, showing that buyers had briefly pushed the asset above the closely watched $78,000 mark. The broader cryptocurrency market was valued at approximately $2.68 trillion, up 0.7%.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Bitcoinist.