Bitcoin Steadies Near $78,000 as Binance Withdrawals Resume

Bitcoin traded at $77,926 at 11:02 UTC on Monday, according to CoinGecko data , about 2% above its post- Binance hack low near $76,100 , by Unchained’s calculation. Ether changed hands at $2,285.83. That low came on Friday afternoon, Oct. 30, when Coinbase’s BTC-USD market touched $76,141 at 18:50 UTC, exchange data show. The rebound held even as U.S. spot bitcoin ETFs posted net outflows of $643.3 million on Friday, according to SoSoValue data . BlackRock’s IBIT accounted for $233.7 million of that, and Fidelity’s FBTC for $201.0 million. Friday was the first U.S. session since the hack, which began after Thursday’s market close, according to the timeline Chainalysis published . Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter .

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