Cesar9020
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[ WHY THE CRYPTO MARKET IS IN THE RED ]
#bajista
The crypto market is in the red today, February 24, 2025, due to a combination of factors that have generated nervousness among investors and triggered massive sales. Based on recent information and the current context, here are the main reasons:
1 Bybit hacking: A few days ago, the exchange Bybit suffered a massive hack in which more than $1.4 billion in ETH and related tokens were lost. This event, one of the largest in crypto history, has shaken user confidence, leading many to withdraw funds or sell their positions for fear of more vulnerabilities on other platforms.
The crypto market is in the red today, February 24, 2025, due to a combination of factors that have generated nervousness among investors and triggered massive sales. Based on recent information and the current context, here are the main reasons:
1 Bybit hacking: A few days ago, the exchange Bybit suffered a massive hack in which more than $1.4 billion in ETH and related tokens were lost. This event, one of the largest in crypto history, has shaken user confidence, leading many to withdraw funds or sell their positions for fear of more vulnerabilities on other platforms.
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