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.

$BTC $ETH $SOL

BTC
BTCUSDT
77,223.6
+5.24%
SOL
SOLUSDT
89.99
+7.15%
ETH
ETHUSDT
2,430.22
+5.44%

#Currentmarketcap #Marketdown