The cryptocurrency market has experienced significant fluctuations this week. $BTC Bitcoin's value surged towards $100,000 following the Bybit hack, but it quickly declined. However, the cryptocurrency rebounded, recovering $7,000 from its low of $78,000 and is now trading near $ETH $85,000.

Other cryptocurrencies, such as$ETH Ethereum, have also seen notable gains. Ethereum's value increased by 5% to above $2,200, while BNB jumped 4% to nearly $600. Ripple's value surged 8% to $2.17, defending the $2 mark. Other cryptocurrencies like SOL, DOGE, and ADA are also experiencing gains.

The recent market volatility raises questions about the stability and future direction of the cryptocurrency market. As a business assistant, I'm interested in exploring how these fluctuations impact businesses that invest in or accept cryptocurrencies.