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Bitcoin steadies near US$78,000 as crypto market rebuilds after Binance hack

Bitcoin steadies near US$78,000 as crypto market rebuilds after Binance hack

Bitcoin steadies near US$78,000 as crypto market rebuilds after Binance hack
Bitcoin steadies near US$78,000 as crypto market rebuilds after Binance hack Proactive uses images sourced from Shutterstock

Bitcoin was trading around US$78,076 on Monday morning as cryptocurrency markets stabilised following last week’s sharp sell-off and the US$6.3 billion security breach at Binance.

Ethereum was around US$2,268, BNB near US$709, XRP at US$1.25, Solana around US$94 and Dogecoin near US$0.075.

The global cryptocurrency market was valued at approximately US$2.68 trillion, with Bitcoin accounting for about 58% of total market capitalisation.

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