Bitcoin rebounds to 77 657 USD after sell-off: ETFs lose 1 bln USD in two days, market remains in fear

Bitcoin costs 77 657 USD on November 3, 2026, after gaining 1.02% in 24 hours. This is the first clear attempt to rebound after a weekly sell-off of 3.68%, but sentiment remains weak: the Fear & Greed Index dropped to 26 points, and US Bitcoin ETFs recorded billion-dollar outflows in two days after the Binance attack. For Polish investors, this means cautious sentiment despite a temporary improvement in major cryptocurrency prices.

📉 Market at a glance: key numbers

Major cryptocurrencies are gaining, but they are only partly recovering losses from the past seven days. The leader of growth in the top ten is Zcash (+4.59% in 24h), ahead of XRP (+3.72%) and Ethereum (+2.04%).

🇵🇱 What happened today on the Polish crypto market?

In the shared dataset from November 3, 2026, there were no separate updates concerning Zonda, Kanga, Egera, Aleph Zero, Golem or Reality Metaverse. Polish-language industry outlets focused mainly on global events that directly affect wallets in Poland as well.

A clear Polish thread appeared on the stock market. Comparic.pl noted that Digital Network is rebounding after a 34% sell-off; the headline asks whether the DIG share price will return to 350 PLN. This may attract the attention of some Polish investors who track both the crypto market and technology companies.

Polish media also widely described the background of the Binance attack: a fake job interview, the use of an internal AI tool and months-long access by hackers. This is a story worth 6.3 bln USD that raises concerns about the security of funds on centralized exchanges.

No new statements from KNF, MF or NBP appeared in the data. This means today's sentiment in Poland is mainly driven by global signals, not local regulatory decisions.

📊 Why does this matter for Polish investors?

Bitcoin's rebound of 1.02% does not change the fact that on a 7-day basis BTC is losing 3.68%, and the total crypto market cap stands at around 2.70 bln USD. Outflows from US Bitcoin ETFs of 1 bln USD in two days show that some institutional capital is withdrawing after the Binance attack.

For altcoin holders in Poland, it is significant that Solana is losing 7.58% over the week, BNB 7.27%, and Zcash, despite today's gain of 4.59%, remains 6.63% lower over 7 days. This means a single green day does not yet break the weekly downward structure.

Market sentiment measured by the Fear & Greed Index remains in the fear zone (26/100). This is usually an environment in which Polish retail investors reduce leverage and wait for clearer confirmation of direction.

🔍 Market analysis: cycle, funding and whale activity

Market cycle remains weak

The market cycle for Bitcoin is 28.2/50, for Ethereum 27.3/50, and for Solana 28.0/50. The weakest result belongs to BNB (26.3/50), while XRP remains relatively higher at 31.9/50. This shows that none of the major assets is in a strong uptrend.

Whale activity and flows

On the Ethereum network, net inflows to exchanges of around 6.8k ETH were recorded over 4 hours. The same network registered 63 whale transfers above 500 ETH, including three moves of around 20.3k ETH each. This increases the risk of supply pressure.

On the Solana network, 68 large transfers worth at least 10,000 SOL were detected in the last hour. The largest moves amounted to 999k and 803k SOL. Daily DEX volume reached 2.11 bln USD, and RSI at 58.97 gives a slightly positive but neutral picture.

For Bitcoin, the network processed around 729k transactions over 24 hours. This is solid on-chain activity, but RSI at 36 and bearish MACD and EMA 9/21 signals indicate that the rebound may be fragile.

Funding rate and leverage

The funding rate for major markets is 0.01%. This is a neutral level, suggesting that investors are not aggressively building leveraged positions. In an environment of fear (26/100), this is a sign of waiting rather than euphoria.

Macro context

US stock markets are trying to rebound after strong labour market and factory data. Comparic.pl reminds that in election years the S&P 500 rises in almost 4 out of 5 cases in November, and after elections since 1950 it has gained an average of 15%. This may influence attitudes towards risky assets, including cryptocurrencies.

📰 Top news of the day

1. Binance reveals details of the 6.3 bln USD attack. According to BeInCrypto PL, CrypS.pl and BitHub.pl, hackers used a fake job interview and an internal AI tool. They maintained access to the exchange for months.

2. Bitcoin ETFs record billion-dollar outflows. BeInCrypto PL reports that US funds lost 1 bln USD in two days after the Binance attack. Citi Wealth nevertheless offers Bitcoin ETFs to clients.

3. Wall Street takes over an instrument from the crypto market. CrypS.pl reports that the CFTC has opened the way to trading perpetual futures on individual US stocks.

4. Justin Sun against Trump-backed World Liberty. BeInCrypto PL describes that Justin Sun is demanding sanctions against this company, claiming it disclosed owners from the United Arab Emirates to withdraw from the US court.

5. Google develops cryptocurrency protection technology. Comparic.pl reports that after earlier warnings about the quantum threat, Google is working on solutions securing cryptocurrencies.