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BTC Slides to a 53-Day Low as Mercado Bitcoin Hack Revives Custody Fears

Crypto Daily·November 8, 2026·1 min read
BTC Slides to a 53-Day Low as Mercado Bitcoin Hack Revives Custody Fears

Bitcoin slid to a 53-day low, trading near $76,000 on its 200-day average, after the Mercado Bitcoin hack revived custody fears. The breach underscores risks of centralized exchanges holding assets. Bulls and bears now watch key levels for direction, with the 200-day average as a critical support.

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