How did the $1.4 billion hack at Bybit influence Bitcoin market sentiment?
Pourquoi est-ce la bonne réponse?
This is correct because a large exchange hack undermines confidence in the security of trading platforms. When investors worry about losing funds, many liquidate positions to avoid further risks, thus driving selling pressure.
AI-Generated Content Disclaimer
Important Notice: This content has been generated with the assistance of artificial intelligence. While we strive for accuracy, there may be errors or inaccuracies in the information provided. Please exercise caution and verify any information before making decisions based on it. This information does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any of the content as such. CryptoMeteo does not recommend that any cryptocurrency should be bought, sold, or held by you. Always conduct your own due diligence and consult with a financial advisor before making any investment decisions.