Bitcoin rebounds from Binance breach, faces $79,800 resistance as ETF outflows hit $643 million

Bitcoin regained momentum toward $80,000 after recovering from losses linked to a security incident at Binance that resulted in a $6.3 billion outflow from hot wallets. The leading cryptocurrency rebounded from support near $76,000, but now confronts major resistance just below the $80,000 threshold. Analyst Michaël van de Poppe identified $78,800 as an immediate resistance point for Bitcoin. If the asset can overcome this level, the next significant barrier is $79,800.

Source: CoinTurk News