Community Trust ScoreVerified
Bitcoin traded near $78,000 on Sunday, November 1, 2026, as the market stabilized following a week of selling pressure linked to a reported $6.3 billion breach at the Binance exchange. The asset gained approximately 1% over the 24-hour period, with its trading range stretching from $77,303 to $78,134, according to CoinGecko data. Buyers briefly pushed the price above the $78,000 mark, though Bitcoin remained approximately 3.7% lower over the seven-day period.
Binance Restores Withdrawals
The price rebound followed a slide toward $76,100 after the October 29 attack. The $76,000 to $77,000 range had been identified as a key support area, and Sunday’s prices placed Bitcoin above that zone. The broader cryptocurrency market was valued at approximately $2.68 trillion, up 0.7%, with Bitcoin representing about 58.4% of the total value.
Binance began restoring Bitcoin withdrawals on Sunday. Reuters reported that the exchange had replaced approximately 95% of the stolen assets and planned to cover the outstanding losses. This operational progress occurred alongside the market’s price movement, providing context for the stabilization of trading activity. For background on institutional demand, spot Bitcoin ETFs had attracted nearly $1 billion in a single session on September 21, a figure that reflects earlier buying rather than fresh ETF demand behind Sunday’s specific rebound.
LIT Surges Amid Mixed Altcoin Moves
Lighter’s LIT token climbed approximately 18% to $3.19, standing out against more restrained moves in major cryptocurrencies. Its 24-hour range ran from $2.69 to $3.20, with trading volume exceeding $100 million and a market capitalization of around $797 million.
Ethereum traded near $2,269, up approximately 1.1%, while BNB approached $714. XRP hovered around $1.25, and Solana stayed close to $95.43 with little daily movement. These figures indicated selective strength in the broader market, as LIT’s jump did not reflect a comparable rally across all large digital assets.
Performance among smaller tokens was sharply divided. Dessa gained approximately 68%, dKargo advanced 34%, and Powerledger climbed 25%. Gravity added 22.6%, while Prom rose approximately 13%. LayerZero and Morpho each gained roughly 9.3%. Conversely, FUNToken declined 29.1%, UnifAI Network fell 22.3%, and Cap lost 17.1%. MemeCore dropped 11.6%, while Plasma slipped 8.1%. These figures came from a CoinGecko snapshot covering the top 1,000 cryptocurrencies, describing the specific reporting period rather than live prices.
Analyst Ali Martinez expressed interest in Injective, Sui, Midnight, Pudgy Penguins, and Wayfinder following the sell-off. Sui’s total value locked was reported to be above $1 billion in September coverage, providing context for the ecosystem’s activity levels. The immediate focus remains on whether Bitcoin can maintain its position above the support zone and build toward the $80,000 level, with the exchange’s progress in covering breach losses serving as a key operational development.
Frequently Asked Questions
What was the impact of the Binance breach on Bitcoin prices?
Bitcoin slid toward $76,100 following the reported $6.3 billion breach on October 29. By November 1, the price had rebounded to near $78,000, though it remained approximately 3.7% lower over the seven-day period.
How did Lighter’s LIT token perform on November 1, 2026?
LIT climbed approximately 18% to $3.19, with trading volume exceeding $100 million. Its market capitalization was around $797 million during the session.
