Bitcoin Traded at $77,152 as Binance Targeted Phased Withdrawals

Bitcoin (BTC) traded at $77,152.39 on Binance at 2:24 a.m. ET Saturday, down 1.67% over 24 hours as the exchange worked toward phased withdrawals after a security incident with an estimated $6.3 billion impact. BTC’s 24-hour range was $76,189.88 to $78,647.39, putting the snapshot above $77,000 even though the period’s low fell below that threshold. The reading does not establish that Bitcoin stayed above $77,000 throughout the period. Binance’s Oct. 30 update said hot wallets were compromised at about 4:05 p.m. ET Oct. 29. The company set aside more than $6.34 billion to cover the estimated impact, including $5 billion in affected tokens, and said it was buying the remaining assets through market and over-the-counter channels.

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