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
66,514.9
-1.67%
SOLUSDT
Perp
78.43
-2.63%
ETHUSDT
Perp
1,943.38
-1.19%