FBI links North Korea to theft of $6.3 billion from Binance

Hi, I'm Tessa Vale. This is the Morning Brief from TheTrendTutor, Sunday, November 1.

Here are the headlines. FBI links North Korea to theft of $6.3 billion from Binance.

Our top story: FBI links North Korea to theft of $6.3 billion from Binance.

Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and resumed phased withdrawals. CNBC and Crypto Briefing report this.

According to Crypto Briefing and Bloomingbit, phase one went live between 06:00 and 09:00 UTC that day.

Here is the market picture.

Bitcoin trades at $78,222, up 1.0 percent in 24 hours, in a range between $77,392 and $78,285.

Ether is at $2,275, up 1.3 percent.

Biggest movers among large caps: Avalanche up 4.8 percent, Uniswap up 4.2 percent, Chainlink up 3.1 percent.

In derivatives, Bitcoin's funding rate is 0.0100 percent per eight hours, and open interest on Binance is $7.6 billion, up 1.8 percent over 24 hours.

The Crypto Fear and Greed Index reads 34, fear.

The total crypto market is valued at $2.6 trillion, up 0.7 percent in 24 hours, and Bitcoin's market dominance is 60.4 percent.

For context, the Fear and Greed Index read 54, neutral, a week ago, and 72, greed, a month ago.

Liquidations over the past 24 hours total $41.4 million: $17.2 million in long positions and $24.2 million in shorts.

Across the top 100 coins, Lighter leads the gainers, up 15.9 percent, while TRON leads the losers, down 2.4 percent.

Among other large caps, Solana is at $95.82, up 0.2 percent; XRP is at $1.25, up 0.6 percent; BNB is at $714.32, up 1.6 percent.

What to watch next, all times UTC.

Monday at 01:45 UTC: China RatingDog Manufacturing PMI, forecast 51.6, previous 52.1.

Monday at 15:00 UTC: U.S. ISM Manufacturing PMI, forecast 54.7, previous 54.5.

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