Binance Hack Fallout Keeps Bitcoin Price Under Pressure Below $77K

Bitcoin slipped below $77,000 on Monday as fallout from the recent Binance hack continued to weigh on the market, even after the exchange announced it had fully replenished the stolen assets using its own funds. The recovery move failed to restore trader confidence, with BTC unable to reclaim the $77,000 level as sentiment remained fragile. Compounding concerns, a second, smaller crypto exchange hack surfaced on Monday, reinforcing fears about exchange security across the industry. The episode underscores how security incidents, even when covered by exchange reserves, can keep selling pressure on the largest cryptocurrency. Traders are watching whether Bitcoin can stabilize above $77,000 and whether further exchange breaches emerge in the coming days.