Bybit Exploitation Sends Shock Waves to Bitcoin & Ethereum?
2 min read
After a serious security violation at Bybit, the cryptocurrency market experienced a downturn in which Hacker managed to remove 1.4 billion US dollars in Ethereum. This has swung the trust of investors, which led to a wave of liquidations worth 566.64 million US dollars per coach dates. As a result, the market capitalization of the business has decreased by 1.86% to 3.17 trillion dollars. The trading volume rose by 53.06% to $ 139.49 B. The Fear & Greed Index has fallen to 38, which indicates fear on the market.
Bitcoin price now at 96,000 US dollars
The Bitcoin price has decreased by 1.85% in the last 24 hours and was now $ 96,407.61. The market capitalization of assets has dropped to 1.91 trillion dollars, while its dominance remains strong at 60.23%. The trading volume for BTC rose by 60.24% to 49.29 billion US dollars when the dealers reacted to the Bitbit Exploit and the broader market fears.
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Altcoins clock: ETH price lowers 2.49%
According to the exploit on bybit, one of the leading ETH trading platforms, Ethereum has dropped by 2.49% to USD $ 2,681.04. XRP has also scored a hit and dropped by 2.84% to $ 2.58, while Solana slitted by 1.50% to $ 171.56.
Take a look at an insight into the potential price goals from Ethereum Ethereum Price forecast 2025, 2026-2030.
Top winner & loser
Among the top performance tokens, the Ethena rose 10.46% to $ 0.4595 and was the highest win of the day. Bitget Token followed with an increase of 7.75% and reached $ 5.01, while the maker recorded an increase of 4.98% to USD 1,497.40.
At the end of the loss, Berachain led the declines and plunged 13.07% to $ 7.13. Mantle and Jito both recorded 12.30% losses.
Faqs
What is the fear and greed index today?
The Fear & Greed Index is 38, which indicates fear on the market.
Which cryptocurrencies did the best today?
Ethena, Bitget token and manufacturer were the top profits, the profits of 10.46%, 7.75%or. 4.98%.
How did Bitcoin perform in the last 24 hours?
Bitcoin fell back by 1.85% in the last 24 hours and acted at $ 96,407.61 with an increase in trading volume by 60.24%.
