$ETH

As of March 13, 2025, here are the latest updates concerning Ethereum:

**Market Volatility and Price Movements**

Bitcoin has experienced significant volatility, reaching an intraday high of approximately $84,000 amid a prolonged pullback. Analysts at 10X Research predict a potential drop to $73,000 as Bitcoin seeks support at crucial technical levels. This downturn has impacted other cryptocurrencies, including Ethereum, which has also seen notable declines. citeturn0news17

**Security Breach at Bybit Exchange**

North Korean hackers, identified as the Lazarus Group, have executed the largest cryptocurrency heist in history, stealing over $1.5 billion in Ethereum from the Dubai-based exchange, Bybit. The FBI has implicated North Korea in this theft, noting that such funds are often used to support the nation's economy and nuclear program. Bybit has pledged to compensate for the loss and enhance security measures. citeturn0news31

**U.S. Strategic Bitcoin Reserve Announcement**

Cryptocurrency prices fell following President Donald Trump's executive order to establish a U.S. strategic bitcoin reserve, which would include assets forfeited to U.S. law enforcement. This plan disappointed traders who had anticipated large-scale government purchases of digital assets. Bitcoin fell 2.7% to around $88,000, with similar declines observed in other cryptocurrencies like Ethereum. citeturn0news19

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