📉 Why Is Ethereum ($ETH ) Down Today? 📉

Ethereum’s price has taken a hit, and several factors are driving the decline. The Bybit hack and rumors of a potential Ethereum hard fork have shaken investor confidence, adding to the bearish sentiment in the market. 🚨

🔹 Key Reasons Behind ETH’s Drop:

- Bybit hack: Hackers stole $1.5 billion in ETH, with links to the Lazarus Group. This massive exploit has led to market panic and sell-offs.

- Hard fork rumors: Some voices in the crypto community are calling for Ethereum to roll back the blockchain to recover stolen funds, similar to the 2016 DAO hack. However, this could damage Ethereum’s credibility and decentralization.

- Bearish market sentiment: A prevailing downtrend continues to pressure ETH, with investors uncertain about the future.

Will Ethereum recover, or are we heading for more volatility? Could a hard fork actually happen, and what would it mean for ETH’s long-term value? 🤔 Share your thoughts below! 👇

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