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
69,694.9
+3.90%
SOLUSDT
Perp
86.31
+7.88%
ETHUSDT
Perp
2,072.85
+5.77%