Why is the current crypto market down?
A series of major hacks has damaged investor confidence. The Bybit hack resulted in a staggering $1.4 billion loss in Ethereum, causing panic selling across the market. While Bybit's CEO Ben Zhou confirmed the recovery of $742 million, many investors remain worried about security.
BTCUSDT
Perp
68,709.9
+0.43%
SOLUSDT
Perp
86
+0.91%
ETHUSDT
Perp
1,994.05
+2.43%