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Bitcoin was attempting to reclaim the $79,000 level after recovering $78,000 on the morning of Nov. 2, CoinDesk reported.
The outlet said the crypto market, which had plunged after a $6.34 billion hack at Binance last week, appeared to be stabilizing and had rebounded for a third straight trading day as of today. Among major cryptocurrencies, Zcash (ZEC) was leading the rebound with a gain of about 3%, while Ethereum (ETH) and BNB Chain (BNB) were each up about 2%.