Following the Bybit platform hack, Bitcoin's price has stabilized above $96,000, while Ethereum and other altcoins show minor changes.
Current Bitcoin Price
This week, Bitcoin's price reached a low of $93,500 after falling from $99,000. However, it quickly rebounded to a 13-day high of $99,500, fueled by positive news from Coinbase regarding its case against the SEC. Post the Bybit hack, Bitcoin's price initially plummeted but then swiftly returned to the $96,000 mark.
Altcoin Activity
Among larger cap alts, Ethereum and Toncoin rose by over 3%. Mantra (OM), however, stood out, surging by approximately 12% within a day, reaching above $8.5. Some altcoins also registered minor losses, including XRP, SOL, and others.
Cryptocurrency Market Overview
The total crypto market cap has remained nearly unchanged, standing slightly above $3.320 trillion, indicating market stability.
After significant fluctuations, Bitcoin has stabilized above the $96,000 mark, while interest in altcoins like Mantra has sharply increased.
