Overnight highlights: On the first day of Binance’s phased resumption of withdrawals, $4.649 billion was withdrawn and $1.01 billion deposited in the first 9.5 hours, for a net outflow of $3.64 billion—about 2.1% of its $171 billion in assets. Binance said it has recovered about 95% of the stolen assets and that withdrawal volumes have slowed; an updated proof of reserves is expected to be published today.
BTC $78,451; upside reference $78,492; downside references $77,499 / $77,000. ETH $2,291; upside reference $2,292; downside references $2,245 / $2,200.
Today to watch: U.S. October ISM Manufacturing PMI at 23:00 Beijing time tonight (forecast around 54.6, previous 54.5); Apple and Palantir earnings after the U.S. market close; Binance’s updated proof of reserves and whether BTC can break above $78,492.
Prices are Coinbase spot prices, provided for reference only and not as investment advice.