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
82,049.8
+1.78%
SOLUSDT
Perp
96.47
+3.79%
ETHUSDT
Perp
2,370.21
+2.00%