๐ฅ#PriceTrendAnalysis
๐A series of major hacks has damaged investor confidence. The Bybit hack resulted in a staggering $1.4 billion loss in Ethereum, causing panic selling across the market.
๐A general risk-off sentiment in global markets is causing investors to pull back from volatile assets.
๐ฅ#MarketPullback
๐Bitcoin's unstable value has also made it an unviable medium of exchange.