Bitcoin Price Rebounds After Binance Hack, but Can It Reclaim $80K?

Bitcoin price rebounds after Binance hack, but can it reclaim $80K?

Bitcoin price has recovered to around $78,000 following last week’s sell-off triggered by the record $6.3 billion Binance hack, although technical indicators suggest the cryptocurrency is still struggling to regain bullish momentum. According to crypto.news data from Nov. 2, Bitcoin…

Bitcoin claws back toward $79,000 as markets shake off crypto's biggest hack

Bitcoin Faces a Critical Test at $78K: Could a Short Squeeze Trigger a Rally Towards $85K?

The post Bitcoin Faces a Critical Test at $78K: Could a Short Squeeze Trigger a Rally Towards $85K? appeared first on Coinpedia Fintech News The crypto market has been navigating a heightened period of volatility, with the Bitcoin price struggling to maintain its recovery. The situation intensified following the reported $6.3 billion security breach at Binance, which triggered fresh uncertainty across the market. After hitting the lows at $76,46…

Bitcoin Tests $78K After Binance Hack Selloff as NEAR Drops 6%

TL;DR Bitcoin recovered above $78,000 after falling to a six-week low near $76,100 following the Binance security incident, but a later CoinMarketCap reading put BTC back near $77,759. NEAR led notable altcoin losses with a 6.3% decline to $4.13, while HYPE, BCH and several other large- and mid-cap tokens also traded lower. The market remained ...