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2025-02-23 | Curator: CryptoTerminal
This Week in Bitcoin: Bybit Hack Rocks Market as ETFs Bleed—But Institutions Remain Bullish
Bitcoin will "bore you to a million dollars" was just one of the quotes circulating Crypto Twitter (aka X) this week as traders and influencers in the space bemoaned sideways price action. The biggest and oldest digital coin barely budged until Friday, when it dipped following a hack of crypto exchange Bybit that resulted in over $1.4 billion worth of Ethereum and related tokens being swiped—the biggest crypto hack ever based on the value of the assets at the time of the incident. On top of that...
