Bitcoin claws back toward $79,000 as markets shake off crypto's biggest hack
Open the sourceReported by CoinDesk, coindesk.com, 2 November 2026, by Shaurya Malwa
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Bitcoin clawed back toward $79,000 as markets shook off crypto's biggest hack, with Zcash (ZEC) leading the majors higher. Oil slid on a report that President Trump wants to give Iran diplomacy more time, while traders also positioned ahead of Tuesday's U.S. midterm elections. The recovery suggests the hack's fallout was contained, but attention now turns to election results and any further developments in the hack investigation.
Muhabbit's AI wrote this summary in its own words from CoinDesk's report. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), Zcash (ZEC), Donald Trump, Iran
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