Bitcoin Steadies Near $78,000 as Binance Withdrawals Resume
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Bitcoin steadied near $78,000, roughly 2% above its post-Binance hack low, as Binance reported that withdrawals have slowed since it reopened them Sunday. The stabilization comes despite a $643 million outflow from spot Bitcoin ETFs on Friday, signaling that investor panic may be easing following the exchange hack. Binance's ability to process withdrawals without renewed congestion is being watched as a key indicator of whether confidence in the exchange—and the broader market—can recover. Traders are monitoring ETF flow data and Binance withdrawal volumes in the coming sessions to gauge whether the market has found a floor or faces further pressure.
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Bitcoin (BTC), Binance, Bitcoin ETFs
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