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Reading: After the Bybit attack, the crypto money market was shaken! 566 million dollars deleted!
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EdaFace Newsfeed > Latest News > Crypto News > After the Bybit attack, the crypto money market was shaken! 566 million dollars deleted!
Crypto News

After the Bybit attack, the crypto money market was shaken! 566 million dollars deleted!

vitalclick
Last updated: February 22, 2025 8:17 am
2 days ago
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In the last 24 hours, the crypto currency market has $ 566 million liquidation. Bitcoin $98,663.61Ethereum $2,805.10 And the prices of some leading subcoins have declined significantly. This decrease took place after a large -scale cyber attack on the Bybit stock market. Ethereum was stolen from $ 1.4 billion from the platform. The loss has created a panic atmosphere throughout the market.

Bitcoin and Ethereum went downRising and falling crypto currencies

Bitcoin and Ethereum went down

Bitcoin has lost 2 %in the last 24 hours and fell to 96 thousand dollars. The lowest level was 94 thousand dollars, the highest level was recorded as 99 thousand dollars. Ethereum decreased by 3 %and fell to $ 2,674. XRP and Solana also suffered a 3 %and 2 %loss, respectively.

These losses increased liquidation pressure throughout the market. It was reported that millions of dollars of liquidation took place for BTC and ETH. The total value of the crypto currency market decreased by 2 %to 3.17 trillion dollars.

On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!



Rising and falling crypto currencies

Some crypto currencies rose positively affected by this fluctuation. Ethena won 11 %, Bitget Token 8 %and Jito 5 %. In these increases, new statements and market expectations of the projects were effective.

However, some assets such as Mantle, Berachain and Sonic lost their value by experiencing much more harsh decreases. Experts say that the effect of the hacking on the market may continue for a while. It is recommended that investors be careful due to volatility in the market.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.

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