Signal Desk · Markets

Bitcoin rises about 1% as market jitters linger after Binance hack

2026-11-02 · 2 sources · Business Standard Markets

In short

Bitcoin rose about 1% on Monday and traded around $78,300 at 1 p.m. in Singapore.

The price held up after the Binance hack, but the report says traders are still uneasy. It does not explain whether the move will last.

What the reporting says

Bitcoin rose about 1% on Monday, trading around $78,300 at 1 p.m. in Singapore after the Binance hack. The move shows the original cryptocurrency held up despite fresh market unease, but the source does not say what caused the bounce or whether trading volumes changed. The immediate effect is a modest price gain alongside lingering caution.

Why it matters

Bitcoin rose about 1% on Monday and was trading around $78,300 at 1 p.m. in Singapore, despite market jitters after the Binance hack. The report suggests resilience in the price, but it does not state the reason for the move, whether other crypto assets followed, or how trading volumes reacted. The main immediate effect is a small upward price move with uncertainty still in the market.

Touches: Binance, Crypto, Markets

Sources