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Bitcoin Price Recovery: $78K in Sight as LIT Surges 18%

Picture: Bitcoinist

TLDR Bitcoin price recovery put $78,000 back in focus on November 1 as the market steadied after last week’s sell-off. Lighter’s LIT token jumped roughly 18%, while modest moves in major cryptocurrencies contrasted with sharp gains and losses among smaller assets. Bitcoin moved closer to $78,000 on Sunday, offering some relief after a difficult week for cryptocurrency markets. The rebound followed selling pressure linked to the reported $6.3 billion Binance breach, although the latest gains had not erased Bitcoin’s weekly losses. According to data from CoinGecko, BTC gained approximately 1% over 24 hours.

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