Bitcoin is holding near $78,000 even after the reported Binance breach and $643M of US spot ETF outflows on Friday. Binance says 95% of affected assets are covered, but $1.57B of futures liquidations

What happened: Bitcoin held near $78,000 as investors assessed a $6.3 billion Binance security breach, with Bitcoin and Ethereum up 0.06% and 1.03% in the past 24 hours. Key numbers: Bitcoin traded around $77,700 to $78,482, after falling to $76,400 on Friday, its lowest since mid-September. Ether hovered near $2,292 to $2,300. Why it matters: Experts said near-term direction depends on institutional demand, macroeconomic data, Tuesday's US midterm elections and confidence in exchange security. Giottus cited $77,500 as immediate support and advised avoiding leveraged bets.

Bitcoin held near $78,000 as investors assessed a $6.3 billion Binance security breach, with Bitcoin and Ethereum up 0.06% and 1.03% in the past 24 hours.

Experts said near-term direction depends on institutional demand, macroeconomic data, Tuesday's US midterm elections and confidence in exchange security. Giottus cited $77,500 as immediate support and advised avoiding leveraged bets.