Bitcoin has rebounded above US$80,000 as cryptocurrency markets recover from several days of heavy selling, with Ethereum, Solana, XRP and BNB also posting strong gains.
Bitcoin was trading around US$80,518, up about 4.7% over 24 hours, while Ethereum gained almost 7% to US$2,420.
BNB rose around 3.6% to US$718, XRP added nearly 4% to US$1.30 and Solana climbed more than 4% to US$95.75.
Dogecoin was also firmer at around US$0.077, while Chainlink gained more than 5%.
The recovery comes despite continued selling from US-listed cryptocurrency exchange-traded funds.
Spot Bitcoin ETFs recorded about US$116 million in net outflows on November 3, while Ethereum funds lost another US$85 million.
Combined crypto ETF withdrawals were close to US$208 million for the session.
Bitcoin ETFs have now reportedly suffered around US$1.16 billion in outflows across three sessions, highlighting the disconnect between improving spot prices and weaker institutional fund flows.
Binance remains another major focus after last week’s US$6.34 billion security breach.
The exchange said 98% of affected token assets had been replenished by November 3, while around US$2.85 billion of stolen assets had been frozen or intercepted.
Binance has rebuilt the affected wallet infrastructure, replaced compromised devices and tightened internal access and behavioural monitoring systems.
The exchange says users will absorb none of the financial loss.
The broader market recovery has pushed crypto sentiment out of deeply defensive territory, with traders returning to higher-risk tokens after Bitcoin successfully held above the mid-US$70,000 range.
Zcash was among the stronger performers, rising more than 7%, while several smaller altcoins recorded double-digit gains.
Bitcoin now faces an important technical test around US$80,000-US$82,000.
A sustained move above that zone could reinforce the recovery, while continued ETF withdrawals remain the clearest near-term risk to momentum.
