The price of BTC ($96,237.66) has fallen below 97,000 dollars, causing altcoins to plummet rapidly. We anticipated a beautiful day for crypto, only to witness a few fleeting moments of positivity. The current situation for altcoins appears to be a last stop before a breakdown.
Everything is Dropping
US markets are declining, with Bitcoin $96,922‘s price dipping to 97,000 dollars and Ether struggling to surpass 2,800 dollars, now reverting to the 2,670 dollar range. The recent hack of the ByBit exchange has severely undermined the last hopes for a recovery in cryptocurrencies, as 1.4 billion dollars worth of Ethereum
$2,667 was stolen, with the attacker beginning t…