Bitcoin moved closer to $78,000 on November 1 after a week of selling pressure linked to a reported $6.3 billion security breach on Binance. Its roughly 1% gain over 24 hours was only a partial recovery, with the asset still down 3.7% over seven days and $80,000 remaining a major resistance level. The total cryptocurrency market capitalization stood at $2.68 trillion, with Bitcoin accounting for 58.4%. Lighter’s LIT token surged approximately 18% to $3.19, while major cryptocurrencies posted more modest moves. Binance also restored most Bitcoin withdrawals and said it had replaced about 95% of the stolen assets.
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