Bitget: 5500 BTC Fund Covers $464M Theft

Bitget states its 5500 BTC risk protection fund valued at $464 million fully backs the recent theft of roughly $351.6 million in assets.

Three designated wallets hold the BTC reserves while hackers converted stolen stablecoins and ETH into 68500 ETH worth $184 million on EVM chains.

BTC trades at $84774.33 inside Bollinger Bands with upper resistance at $87216.27 and lower support at $83170.91; the bullish EMA50 at $82711.25 and EMA200 at $77532.47 provide layered support even as MACD signals a death cross at 479.4 and RSI sits neutral at 55.61, pointing to a probable retracement toward the 50-EMA before continuation in any BTC price prediction scenario tied to exchange security events.