Bitcoin Steadies Near $78,000 as Binance Withdrawals Resume

Bitcoin sits about 2% above its post-Binance hack low despite Friday’s $643 million ETF exit, and Binance says withdrawals have slowed since it reopened them Sunday. Bitcoin traded at $77,926 at 11:02 UTC on Monday, according to CoinGecko data , about 2% above its post- Binance hack low near $76,100 , by Unchained’s calculation. Ether changed hands at $2,285.83. The rebound held even as U.S. spot bitcoin ETFs posted net outflows of $643.3 million on Friday, according to SoSoValue data . BlackRock’s IBIT accounted for $233.7 million of that, and Fidelity’s FBTC for $201.0 million. Friday was the first U.S.