The crypto currency market is harsh decreases as it approaches the end of the week. Bitcoin (BTC), Ethereum (ETH) and other Altcoins are faced with great sales pressure. In particular, the fact that Bybit was attacked by a hacking of 1.4 billion dollars triggered panic sales in the market. In the last 24 hours, more than $ 566 million liquidation has taken place, which has caused many crypto assets to depreciate.
Bitcoin (BTC) fell to $ 96,000
Bitcoin lost 2 %in the last 24 hours with the effect of the large liquidation wave and fell to $ 96.170. The lowest level during the day was 94.852.96 dollars, while the highest level reached $ 99.497.97. According to Coings data, the amount of liquidation in Bitcoin reached $ 199,44 million. However, Bitcoin’s market domination decreased to 60.29 %and fell by 0.01 %.
One of the biggest effects of Bybit hack attack was felt in the price of Ethereum. ETH fell to $ 2,674 with a 3 %drop in the last 24 hours. The lowest daily level was recorded as $ 2,616,92 and the highest level was recorded as 2,842.83 dollars. Ethereum has experienced $ 141.76 million liquidation in the last 24 hours. Analysts point out that if the hackers who carried out the attack sell the ETHs they stole, there may be more decreases.
Altcoins also have a fall trend
Altcoins follow a similar downward trend:
- The XRP fell to $ 2,57 with a decrease of 3 %and experienced $ 14.95 million liquidation.
- Solana (left) lost 2 %value to $ 170 and received a $ 22.24 million liquidation.
- Dogecoin (Doge) decreased to $ 0.2417 with a 4 %drop.
- Shiba Inu (SHIB) is traded for $ 0.00001516 with a depreciation of 2 %.
- Pepe Coin (Pepe) and Official Trump (Trump) decreased by 2-5 %to $ 0,000009188 and $ 16.08, respectively.
There are winners on the market
Despite the decline tendency, some crypto beings gained value. Ethena (ENA) rose to $ 0.4544 with an increase of 11 %. Despite the Bybit hacker, USDE Stabilcoin is safe, relieved investors. Bitget Token (BGB) reached $ 5.05 with an increase of 8 %after the opponent stock market hacked. Jito (JTO) rose 5 %with the listing news of the South Korean -based Upbit stock exchange and rose to $ 2.84. In general, the uncertainty and large -scale liquidations caused by Bybit hacking attack negatively affected investor sensitivity. The crypto market may continue to experience reflections of this event in the coming days.
