Crypto Market Today, November 3, 2026 — Bitcoin Rises Despite ETF Outflows
Bitcoin rose 1.4% to about $77,800 even as US ETFs saw outflows and Binance detailed a $6.34 billion hack; Fear & Greed held at 53.
Most large tokens finished higher over the past 24 hours, even though the news flow leaned bearish. Bitcoin traded near $77,780, up 1.4%, while Ether was at about $2,289, up 1.8%. XRP gained 2.7%, Solana and Dogecoin each rose 2.0%, and BNB added 0.5% to about $699.
Smaller gains were spread across the board: SUI was up 3.0%, HYPE 2.6% and AVAX 1.9%. TON was the one asset in our list to slip, down 1.0% at $1.17. The picture is a modest, broad rebound rather than a sharp move in either direction.
Binance hack details dominate the headlines
Binance published details of a months-long campaign behind a $6.34 billion hack, according to The Defiant. The exchange said 98% of the impacted tokens have been replenished, and the report explains why pausing withdrawals did not stop every outflow. Reuters, relayed by Tree News via BWEnews, reported that Binance said the attacker used a compromised computer and an internal AI tool to take control of wallets.
Lookonchain, citing DefiLlama data, said large funds moved into Binance, with 24-hour net inflows of $1.822 billion. The snippet does not say which assets were involved or why, so it should not be read as a signal on its own.
BeInCrypto reported that BitMine chairman Tom Lee sees the muted market reaction as a bull signal, comparing it with the 2025 Bybit theft. The same article says stablecoin and sentiment data suggest money and confidence are still leaving the market. BeInCrypto put ETH near $2,254, down 1.71% over 24 hours, which differs from the price feed used here showing a 1.8% gain, so the figures depend on timing and source.
Other exchange risk, ETF flows and institutions
In Brazil, Mercado Bitcoin suspended deposits, withdrawals and all services after a hack on November 2, according to The Cryptonomist. The exchange says $11 million has been blocked, while Chainalysis estimates $49 million was drained across 17 blockchains. Reimbursement funding and a deadline have not been identified.
US spot Bitcoin ETFs recorded $399 million in net outflows on November 2, and spot Ether ETFs lost $140 million, according to Wu Blockchain. Cointelegraph reported that BlackRock's IBIT lost about $405.3 million, its largest daily outflow since June. Sustained selling would remove a source of spot demand, though prices rose over the latest 24 hours regardless.
Elsewhere, Tether CEO Paolo Ardoino said at the Plan ₿ Forum in Lugano that the company holds about 150,000 BTC, a self-reported figure he tied to the Q3 2026 attestation. The CFTC approved the first equity perpetual futures contracts for US exchanges, though the report offers few details on products or venues. Société Générale accepted $10 million of DTCC-tokenized Treasuries as collateral on the Canton network, which The Defiant describes as a controlled early test.
Sentiment and what to watch
The Fear & Greed index read 53, Neutral, unchanged from yesterday. That fits a market that is rising on the day but facing outflows and security worries. Our material includes no poll data for today.
Several threads are still open. Traders can watch for more detail on Binance's losses and any effect on reserves, plus the reimbursement plan at Mercado Bitcoin. CoinDesk reports that 56 companies, including Amazon, Tesla and SpaceX, have objected to the OKX–ICE tokenized stock venture, with nearly 80% of the initial selection opting out and a deadline approaching.
In the courts, Justin Sun is seeking sanctions against World Liberty Financial over delayed UAE citizenship disclosures in his $45 million lawsuit, according to The Cryptonomist. WLFI disputes his claims about its token-freezing powers, and a California state court case is planned. ETF flow data will show whether the early-November outflows continue.
Sources
- Binance Details Months-Long Campaign Behind $6.34 Billion Hack The Defiant
- Large funds are flowing into #Binance , with 24-hour net inflows reaching $1.822B Lookonchain
- Mercado Bitcoin hack leaves services suspended as $11M is blocked The Cryptonomist
- CFTC APPROVES FIRST EQUITY PERPETUAL FUTURES CONTRACTS FOR TRADING ON U.S. EXCHANGES | AI comment unfolded
- Tom Lee Sees a Bull Market in the Binance Hack. Stablecoin Data Disagrees BeInCrypto
- Amazon, Tesla and SpaceX join OKX–ICE tokenized stock objections as deadline looms CoinDesk
- Justin Sun seeks sanctions in $45M WLFI lawsuit over UAE disclosures The Cryptonomist
- Tether CEO Says Company Owns Approximately 150,000 Bitcoin Wu Blockchain
Written with AI assistance from the sources above and checked against them. Not investment advice.