Bitcoin Rebounds Past $80,000 After Midterms, Binance Hack

The market's muted reaction to a major exchange breach is the more telling signal here: a hack at a venue the size of Binance would once have triggered broad risk-off selling, and instead it was absorbed alongside a political catalyst. That suggests traders are currently weighting macro and regulatory sentiment more heavily than venue-level security risk. Whether that resilience persists if further breach details emerge is the open question.