BTC price It fell below 97 thousand dollars and the subcoins quickly turned red. We were expecting today to be a nice yesterday for the crypto and we could only see a few beautiful clocks. For Altcoins, the situation seems like the last stop before the insanity.
Everything is falling
US markets are falling, Bitcoin $98,663.61 The price fell to $ 97,000 and Ether, which has difficulty over $ 2,800 with difficulty, returned to $ 2,670. The hacking of the Bybit stock exchange also defeated the last recovery for crypto currencies with an incredible timing. Ethereum of 1.4 billion dollars 
$2,805.10 He was stolen and the attacker began to divide them into wallets.
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While sudden ups and downs continue, those who have been waiting for the rise of Altcoin for years, even though those who have turned the fluctuation into the opportunity in futures transactions are thinking about black. Trump announced that automobile taxes will come into play at the beginning of April, and with the latest cautious statements of the FED members, stock markets are also experiencing a decrease.
Bybit stock market latest situation
Crypto currency CEO of the stock market launched a live broadcast on the website and made statements. Ben Zhou, Founding Partner and CEO of Bybit, said that the firm has been experiencing a large amount of withdrawals in the last two hours ”. This may have worrying consequences for the stock market if there is not enough cash reserves.
Panic may grow with users waiting for the withdrawal of the withdrawal process in the future with the launch of discussion waves on social media. However, Zhou told the audience that they would approve the withdrawal requests waiting in a few hours. Although the CZ said they had to suspend money a few hours ago, Zhou underlined that they wouldn’t do anything like that.
Zhou, BybitHe said that he was looking for a bridge loan to fill the gap after the funds were stolen and they were able to meet the damage. 1.4 billion dollars representing 5 %of the total assets under the management of the stock market will not open any major problems on the Bybit stock exchange if the cash balance is strong.
This kind of bad news is sometimes interpreted as “Bottom News ve and causes the last time a jolt before the rise in the markets. If it is really like this, the rise needs to begin with life returns to normal in a few days.
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 carry out their operations in line with their own research.
