Bitcoin claws back toward $79,000 as markets shake off crypto's biggest hack
Source: CoinDesk ·
From the source
ZEC led the majors and oil slid on a report that Trump wants to give Iran diplomacy more time, with U.S. midterm elections on Tuesday. Bitcoin rose about 1% to roughly $78,600 as of Monday Asian morning hours, its third straight day of gains, as investors in Asia picked up risk again after Friday’s rout in U.S. tech shares. ZEC led the majors, climbing 3% to nearly $1,280. Ether and BNB each added nearly 2%, with ether just above $2,300 and BNB at about $713, while XRP and TRX rose about 1%. SOL lagged, barely moving at about $95, according to CoinDesk data. It’s a calmer start to the week after Binance disclosed a $6.3 billion hack last week, the largest theft from a crypto exchange on record, which knocked prices lower. Bitcoin dipped to about $77,600 late Sunday before buyers pushed it back above $78,500 within hours. Stock markets are recovering too. The Nasdaq 100 slumped 3.5% on Friday, its worst day since June, and the Philadelphia Semiconductor Index, which tracks U.S.-listed…
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