The gradual increase in Bitcoin’s price, which lasted several days in a row, suddenly ended on Friday after Baibit received a serious hack, and BTC fell by more than four grandiose hours.
The altcoins were also strongly subjected to strong, and some of the largest losers on a daily scale now include LTC, PEEPE, AAVE, MNT, ONDO, APT and TAO.
BTC stopped at 100 thousand dollars
The main cryptocurrency was faced with some increased volatility at the beginning of the business week, as the “Bears” went to the south on Monday to $ 95,300, and on Tuesday – a little more than $ 93,000. The latter became the lowest price position of BTC after the accident on February 3, when it fell below 92,000 dollars.
Nevertheless, the bulls managed to intervene at this moment and did not allow another break. Just the opposite, Bitcoin began to recover and almost immediately returned to $ 96,000.
The next few days were quite positive, and the BTC continued the Lazov. The climax came on Friday after Coinbase CEO said that the trial between his company and the SEC will be rejected by the regulator, and Bitcoin jumped to a long -week peak in the amount of 99,700 US dollars.
Nevertheless, his task in the amount of $ 100,000 failed shortly after Bybit, one of the largest exchange of trade was hacked for a tremendous $ 1.4 billion in ETH. The news influenced the entire market, and BTC threw up to $ 95,000 for several hours.
Now he has restored some soil and costs above $ 96,000, but on a daily scale it is still almost 2%. Its market capitalization remains in inches above 1.910 trillion dollars, while its dominance over Alts on CG is about 58%.
Alts retreat
Altcoins also went south after Bybit News appeared and are still in red on a 24-hour scale, despite some recovery. ETH was stopped at $ 2800 and has currently been reduced to $ 2700; XRP slipped by 3%, while DOGE, ADA, TRX, LINK, XLM, LTC and SUI plunged by 4-5%.
The total market capitalization of all crypto -actes yesterday grew to more than $ 3.4 trillion, but decreased by about 130 billion dollars to its minimum. Now it costs 3.3 trillion dollars, which is still about $ 100 billion less than yesterday peak.
