Why might a security incident at an exchange like Upbit lead to temporary shifts in Bitcoin market confidence?
Why is this the correct answer?
This is correct because when an exchange suffers a security breach, users worry about the safety of their funds. To protect their assets, many investors withdraw or sell, causing sudden price swings and increased volatility. Confidence usually recovers only after the exchange restores security measures and reassures depositors, making this a temporary but significant impact on the market.
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