$BTC
Bitcoin surged above $80,000 on Wednesday following Binance’s recovery update.
Binance confirmed that 98% of the stolen funds have been replenished.
The remaining 2% is taking longer due to limited token liquidity.
Bitcoin maintained strong support around $76,100–$76,300 after the hack.
Binance assured investors it would cover all losses.
Stablecoin issuers froze nearly $3 billion in USDC and USDT.
Binance holds approximately $129 billion in assets, easing insolvency concerns.
Meanwhile, US markets rallied, while traders monitored the Fed’s December rate decision.
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K
Bitcoin surged above $80,000 on Wednesday following Binance’s recovery update.
Binance confirmed that 98% of the stolen funds have been replenished.
The remaining 2% is taking longer due to limited token liquidity.
Bitcoin maintained strong support around $76,100–$76,300 after the hack.
Binance assured investors it would cover all losses.
Stablecoin issuers froze nearly $3 billion in USDC and USDT.
Binance holds approximately $129 billion in assets, easing insolvency concerns.
Meanwhile, US markets rallied, while traders monitored the Fed’s December rate decision.
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K
