Bitcoin (BTC) is trading between $77,400 and $78,000 USD, posting a slight daily increase of around 1.18%, but remaining under strong technical pressure and market uncertainty following recent events.
The combination of events explaining the current behavior includes the following critical factors:
• The massive Binance hack: A historic security incident involving the movement of $6.3 billion in crypto assets has been confirmed. The attack, attributed by the FBI to the North Korean group TraderTraitor, led Binance to freeze $3 billion on-chain and temporarily pause withdrawals as a precaution. Today, November 1, 2026, the platform resumed withdrawals in stages after announcing that it had covered 90% of the losses with its own funds and the SAFU fund, guaranteeing full backing for users
