Bitcoin Trades Near $78,200 as Binance Hack and ETF Outflows Weigh on Crypto Markets

Bitcoin traded near $78,200 on Monday after falling to $76,400 on Friday following the reported $6.3 billion Binance hack. The incident triggered nearly $1.57 billion in futures liquidations, while US spot Bitcoin ETFs recorded $643.2 million in outflows, erasing inflows from the preceding four sessions. Investors are also monitoring the Federal Reserve’s interest-rate outlook and upcoming US employment data.
Source: gadgets360-tech