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
92,616.9
+3.06%
SOLUSDT
Perp
139.12
+5.22%
ETHUSDT
Perp
3,319.4
+7.05%