Bitcoin Taps $78K Ahead of Big Week, NEAR Dumps 6% Again: Market Watch

Bitcoin stood just above $78,000 after recovering from a six-week low of $76,100 reached on Friday, when a hack cost the Binance exchange $6.3 billion and shook cryptocurrency markets. Before the hack, bitcoin had mostly moved between $79,000 and $82,000 and briefly rose after the Federal Reserve left interest rates unchanged, but another rejection followed. NEAR fell 6.3% to $4.13, leading declines among large- and mid-cap altcoins. Bitcoin’s market capitalization was $1.570 trillion, with its dominance just under 60%, while the total crypto market cap was about $2.610 trillion.