Bitcoin Holds $76K as Binance Outflows Reach $3.64 Billion, Says QCP
Photo: Crypto Front News
Binance recorded $3.64 billion in net outflows after processing $4.65 billion in withdrawals following the reported $6.3 billion exploit. U.S. spot Bitcoin ETFs recorded $643.2 million in daily outflows on Friday, while October withdrawals reached approximately $516 million. QCP identified 76,000-76,600 as Bitcoin's key support and 79,500-80,500 as resistance, with lower levels near $73,100 if support fails. Bitcoin defended the $76,000 support range after last week's $6.3 billion Binance exploit triggered heavy withdrawals and market losses. According to QCP, BTC dropped to $76,141 on Friday, its lowest level since September 17.
Source: Crypto Front News
