Bitcoin (BTC) Price: Bounces Back Toward $79K After Biggest Exchange Hack Ever

TLDR Bitcoin rose about 1% to roughly $78,600 on Monday, its third straight day of gains. Binance disclosed a $6.3 billion hack last week, the largest theft from a crypto exchange on record. US spot Bitcoin ETFs saw $643 million in outflows on Friday, ending October with $515 million in net withdrawals. Ether ETFs posted a record $1.61 billion in October outflows. US midterm elections take place Tuesday, with results landing during Wednesday’s Asian trading hours. Bitcoin rose about 1% to roughly $78,600 on Monday morning in Asia.