As of February 25, 2025, the cryptocurrency market shows a significant decline. Current prices: $BTC $88,922, down 7.26% over the past day. $ETH $2,393.04, down 11.50% over the past day. $SOL $135.21, down 15.31% over the past day.
Recommendations: In the current conditions, it is advised to refrain from active purchases and carefully monitor the situation's development. Further price declines are possible, so it is important to assess risks and make informed decisions.
$Please note: this review is not a financial recommendation. Always conduct your own analysis before making investment decisions.
šØ Bybit Hack: 401,000 ETH ($1.5 billion) Stolen šØ š¹ What happened? On February 21, 2025, the Bybit exchange was subjected to a hacker attack. Hackers exploited a vulnerability during the transfer of funds between wallets and stole 401,000 ETH. š¹ Bybit's response ā The exchange stated that all customer funds are safe š° A reward of 10% was announced for assistance in recovering the funds š¹ Discussion of rolling back the Ethereum network š The idea of a "rollback" of the blockchain was rejected to avoid undermining trust in decentralization. š¹ How did this affect the market? Ethereum fell by 4%, but quickly recovered. š¹ How to avoid this? š Use multi-signature for large transfers š”ļø Do not store large amounts on exchanges ā diversify assets ā ļø Check links, smart contracts, and sources of information ā ļø Conclusion: Strengthening security is key to protecting digital assets. #ETH #BybitSecuritySearch #SECCrypto #InfiniHacked
Current Situation: Bitcoin recently hit an all-time high of $109,356 on January 19, 2025. $BTC Since then, there has been a correction, and the current price is $96,003.
Technical Analysis: The following key levels can be identified on the 4-hour chart of BTC/USDT on Binance:
Support Level: $95,180 - an area where buyers are active. Resistance Level: $96,602 - an area where sellers may increase pressure.
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