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QCP: Cryptocurrency market is not affected by ByBit hacking incident, ETH performs well
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4 hours ago 4,141
Golden Finance reported that QCP Capital released an analysis article pointing out that two days have passed since the Bybit hack, about $1.4 billion in ETH has been stolen, but the price and implicit volatility have hardly responded, and the price trend has highlighted The cryptocurrency landscape has grown increasingly mature since the FTX crash in 2022, especially in the cryptocurrency credit market. From custodial and security solutions to corporate governance and transparency, every aspect of cryptocurrency has been strengthened with every crisis in the past. ETH has been performing well due to Bybit’s buy last weekend, but now the liquidity gap has narrowed, and the risk reversal indicates concerns about a further decline in March.
Keywords: Bitcoin
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