Updated: 3 November 2026, 22:37 IST
Bitcoin and Ether were modestly higher over the prior 24 hours as crypto markets tried to stabilise after the reported Binance security incident. But the available market data does not show a confirmed, broad-based altcoin rally — a key distinction after a panic-driven sell-off.
What happened after the security shock
Associated Press reported that Binance said a security incident affected about $6.3 billion in assets, while the exchange worked to investigate the event, freeze affected assets and restore services. The incident triggered a sharp initial market reaction and renewed attention on custody, platform security and exchange liquidity.
CoinDesk reported on 3 November that Bitcoin had steadied after an intraday dip, while the wider altcoin market remained mixed. It also reported continuing Binance customer withdrawals after reopening and noted that market orders still leaned toward selling.
Latest BTC, ETH and SOL data
Binance’s public 24-hour ticker data, captured at approximately 22:36 IST on 3 November, showed:
- BTC/USDT: $77,714.28, up 0.27% over 24 hours; session range $76,388.88–$77,886.86.
- ETH/USDT: $2,296.81, up 1.17% over 24 hours; session range $2,237.38–$2,309.00.
- SOL/USDT: $93.53, up 0.09% over 24 hours; session range $90.87–$93.88.
Those moves indicate selective stabilisation, not evidence of a market-wide surge. Prices and percentage changes are rolling 24-hour measures and can change rapidly.
Why a hack does not automatically mean a rally
Major exchange incidents can cause sudden selling as traders reassess operational risk and move assets. A rebound can occur after that shock, but it is not automatic and it does not establish a forecast for Bitcoin or altcoins. Market direction can still be influenced by liquidity, leverage, broader risk sentiment, exchange updates and flows into or out of crypto investment products.
In other words, the relevant news is that the market is testing its footing after a security event — not that a “huge rally” has been confirmed.
What readers can track next
- Official updates from Binance and law-enforcement or security investigators.
- Whether withdrawals, deposits and trading services remain orderly after reopening.
- Whether Bitcoin, Ether and major altcoins move together or continue to diverge.
- ETF flows and derivatives activity, which can amplify short-term volatility.
Sources and methodology
- Associated Press — reported details of Binance’s security incident and initial market reaction.
- CoinDesk — market conditions, mixed altcoin performance and reported flows.
- Binance Markets — public 24-hour BTC/USDT, ETH/USDT and SOL/USDT ticker data captured for this update.
Disclosure: This is a news and information article, not investment advice or a recommendation to buy or sell crypto assets. Crypto markets are volatile; readers should verify current prices and official platform notices independently.
